3 (25 Marks) The following are the statements of financial position of Bitcoin Berhad and Ethereum Berhad as at 31 December 2021. Bitcoin RM Ethereum RM Equity and Liabilities Ordinary share capital Retained profit Loan from Bitcoin Current Liabilities 1,400,000 560,000 420,000 308,000 28,000 70,000 42,000 1,890,000 938,000 Assets Non-current assets 1,442,000 840,000 Investment in Ethereum 280,000 Loan to Ethereum 28,000 Current Assets 140,000 98,000 1,890,000 938,000 Additional information: a) The number of ordinary shares issued by Bitcoin Berhad and Ethereum Berhad is 700,000 shares and 560,000 shares respectively. b) On 1 January 2020, Bitcoin Berhad purchased the shares in Ethereum Berhad when Ethereum Bherhad's retained profit was RM84,000. Bitcoin Berhad exert significant influence over Ethereum Bherhad. c) On 1 January 2020, the fair value of a non-depreciable asset of Ethereum Bherhad was RM100,000 more than its carrying amount and on 31 December 2021, the same asset s's fair value increased by RM112,000. Bitcoin Berhad wants to recognise the increase in fair value. d) During 2021, Bitcoin Berhad sold inventories to Ethereum Berhad. Sales are made at cost plus 25 percent, included in the current assets of Ethreum Berhad are RM28,000 inventories bought from Bitcoin Berhad. e) Included in the current assets of Bitcoin Berhad are dividends receivables from Ethereum Berhad of RM2,800. f) Investment in Ethereum Berhad is not impaired. Required: i. Prepare the consolidated statement of financial position as t 31 December 2021. [21 marks] ii. The transactions between the investor and associate may involve downstream sales or upstream sales. Explain the differences between the two transactions. [4 marks]