a) Rooney Co acquired 70% of the equity share capital of Marek Co, its only subsidiary, on 1 January 20X6. The fair value of the non-controlling interest in Marek Co at acquisition was R1 1m. At that date the fair values of Marek Co's net assets were equal to their carrying amounts, except for a building which had a fair value of R1-5m above its carrying amount and 30 years remaining useful life. During the year to 31 December 20X6, Marek Co sold goods to Rooney Co, giving rise to an unrealised profit in inventory of R550,000 at the year end. Marek Co's profit after tax for the year ended 31 December 20X6 was R3-2m. What amount will be presented as the non-controlling interest in the consolidated statement of financial position of Rooney Co as at 31 December 20X6? b) On 1 October 20X5, Anita Co purchased 75,000 of Binita Co's 100,000 equity shares when Binita Co's retained earnings amounted to R90,000. On 30 September 20X7, extracts from the statements of financial position of the two companies were: Anita Co Binita Co R'000 R'000 Equity shares of R1 each 125 100 Retained earnings 300 150 Total 425 250 What is the total equity attributable to the owners of Anita Co that should appear in Anita Co's consolidated statement of financial position as at 30 September 20X7? c) Patula Co acquired 80% of Sanka Co on 1 October 20X5. At this date, some of Sanka Co's inventory had a carrying amount of R600,000 but a fair value of R800,000. By 31 December 20X5, 70% of this inventory had been sold by Sanka Co. The individual statements of financial position at 31 December 20x5 for both companies show the following: Patula Co Sanka Co R'000 R'000 Inventories 3,250 1,940 What will be the total inventories figure in the consolidated statement of financial position of Patula Co as at 31 December 20X5? Guidelines: All answers must be typed out and workings must be showing