Below are the income statements H Ltd, S Ltd and A Ltdfor the year ended 31 December 2010. H Ltd S Ltd A Ltd N000 N000 N000 Revenue 8,000 4,500 3,000 Operating expenses (4,750) (2,700) (2,050) Profit from operations Finance costs Profit before tax Tax 3,250 1,800 950 (750) (100) (50) 2,500 1,700 900 (700) (500) (300) 787 4,046.6 82 Profit for the year You are also given the following information: 1. H Ltd Acquired 80% of S several years ago. 2. H Ltd acquired 30% of the equity share capital of A Ltd on 1 January 2009. 3. During the year, H Ltd sold goods to A for N1 million at a mark-up of 25%. At the year-end, A Ltd Still held one quarter of these goods in inventory. 4. At 31 December 2010, it was determined that the investment in the associate was impaired by N35,000, of which N20,000 related to the current year. Required: Prepare the consolidated income statement for the group for the year ended 31 December 2010.