2. Tiger Malaya Bhd is a company incorporated in Malaysia, and Lion Ltd is a company incorporated in Hong Kong. Both companies adopt 31 December accounting year ends. The functional and presentation currencies of Tiger Malaya Bhd are Ringgit Malaysia (RM), and those of Lion Ltd are Hong Kong Dollar (HK$). On 1 April 2020, Tiger Malaya Bhd paid RM100 million to acquire 80% interest in Lion Ltd when Lion Ltd's identifiable net assets at fair value were represented by share capital of HK$100 million and retained profit of HK$100 million. The exchange rates were as follows: 1 April 2020 RM1 = HK$2.00 1 August 2020 RM1 = HK$1.80 31 December 2020 RM1 = HK$1.50 Required 1. Compute the amount of goodwill on consolidation as at 1 April 2020 in functional currency of its parent (3 marks) (CLO2:PLO6:03) ii. Re-translate the amount of goodwill to be presented in the consolidated financial position as at 31 December 2020. Show the increase or decrease on the goodwill amount