(a) You have been provided with the statements of profit or loss and other comprehensive income of Back plc and Stop Limited for the year ended 31 December 2019. Statements of Profit or Loss and Other Comprehensive Income for the Year Ended 31 December 2019 Back plc Stop Limited '0004 '000 Revenue 28,900 9,100 Cost of sales (14,800) (4,120) Gross profit 14,100 4,980 Administration costs (6,300) (1,450) Selling and distribution costs (4,980) (1,890) Finance cost _(440) _(150) Profit before tax 2,380 1,490 Income tax expense- (510) (280) Profit for the year 1,870 1,210 Additional Information On 1 January 2018, Back plc purchased 80% of the 1 ordinary shares in Stop Limited at a cost of 5,900,000. At the acquisition date, the fair value of assets was equal to their carrying amount with the exception of property that had a fair value greater than its carrying amount by 600,000. The remaining useful life of the property was 40 years on 1 January 2018. 2. The goodwill arising on the acquisition of Stop Limited has not been impaired. - 3. During the year ended 31 December 2019, Stop Limited sold goods worth 500,000 to Back plc. One fifth of these goods was still on hand at 31 December 2019. Stop Limited sets its selling price to achieve a margin of 25%. Requirement Prepare the consolidated statement of profit or loss and other comprehensive income of the Back Group for the year ended 31 December 2019