37) Hattrick Corp. is a wholly owned, parent-founded subsidiary of Bobby Inc. Both Bobby and Hattrick report under IFRS. The unconsolidated statements of comprehensive income and part of the statement of changes in equityretained earnings for the two companies for the year ended December 31, 20X6, are as follows (in 000s):

Statements of Comprehensive Income

For the year ended December 31, 20X6

BobbyHattrick

Revenues:

Sales$265,000$121,000

Interest, dividend & lease income13,000600

278,000121,600

Expenses:

Cost of goods sold133,00063,000

Amortization expense26,00011,600

Administrative expense39,00013,000

Income tax expense17,80011,700

Other expenses12,900400

228,70099,700

Net income49,30021,900

Statement of changes in equity Retained Earnings section

year ended December 31, 20X6

Retained earnings, January 1, 20X619,20015,200

Net income49,30021,900

Dividends declared(13,300)(10,000)

Retained earnings, December 31, 20X6$55,200$27,100

Additional information:

Bobby sells some of its output to Hattrick. During 20X6, intercompany sales amounted to $25,000,000. Hattrick has accounts payable owing to Bobby for $200,000 at December 31, 20X6.

Bobby owns the land on which Hattrick's building is located. Bobby leases the land to Hattrick for $30,000 per month.

Bobby accounts for its investment in Hattrick under the cost method.

Required:

Prepare a consolidated statement of comprehensive income and consolidated statement of changes in equity