4 Statement of Financial Position as at 31 December 2017 Prominent Serry Amaring RM RM (900) RM Fred Property Plat and Machinery 795 375 1500 575 300 365 330 730655 Tatal A 5200 Share Capital-RMS 2000 Non-Current Liabilities Bank Over 1460 100 300 560 1240 350 300 Total Equity and L5200 Additional Information: 1. Prominent Co acquired 600,000 ordinary shares in Sorry Co. on 1 January 2013 for RM1,000,000 when the retained profit of Sorry Co. was RM200,000. 2. At the date of acquisition of Sorry Co, the fair value of its freehold property was considered to be RM400, 000 greater than its value in Sorry Co's Statement of Financial Position. Sorry Co. had acquired the property in January 2013 and 50% of the value building had depreciated on cost over 50 years. 3. Prominent Co. acquired 225,000 ordinary shares in Amazing Co on 1 January 2016 for RM500, 000 when the retained eamings of Amazing Co were RM150,000. 4. The goodwill in P Co is impaired by RM92.000. 5. Non-Controlling interest was valued at full fair value. Sorry Co. shares were trading at RM1.60 prior to the acquisition by Prominent Co. Required: Prepare a Consolidated Statement of Financial Position as at 31 December 2017. (Show the working) (20 Marks)