Below are the statements of financial position of three compenies as at 31 Decerrber 209. You ale also given the following informationc (a) Bauble Co acquired 60% of the share capital of Jewel Co on 1 Januay 202 and 10% of Gem on 1 Januar 20x3. The cost of the combinations were $142,000 and $43,000 respectively. Jewet Co acquired 70% of share capital of Gem Co on 1 January 203. (D) The retained eamings balances of Jewel Co and Gem Co were: (c) No impairment loss adjustrents have been necessary to date. (d) It is the group's policy to value the non-controlling interest at acquistion at its proportionate share of the value of the subsidiary s identifable net assets. Requined (a) Prepare the consolidated statement of financial postion for Beuble Co and its subsidiaries as at 31 December 209. (b) Calculate the tobal goodwill arising on acquisition if Bauble Co had acquired its investments in Jewel and Gem on 1 January 203 at a cost of $142,000 and $43,000 respectively and Jewel Co had acquired its investment in Gem Co on 1 January 202. Below are the statements of financial position of three compenies as at 31 Decerrber 209. You ale also given the following informationc (a) Bauble Co acquired 60% of the share capital of Jewel Co on 1 Januay 202 and 10% of Gem on 1 Januar 20x3. The cost of the combinations were $142,000 and $43,000 respectively. Jewet Co acquired 70% of share capital of Gem Co on 1 January 203. (D) The retained eamings balances of Jewel Co and Gem Co were: (c) No impairment loss adjustrents have been necessary to date. (d) It is the group's policy to value the non-controlling interest at acquistion at its proportionate share of the value of the subsidiary s identifable net assets. Requined (a) Prepare the consolidated statement of financial postion for Beuble Co and its subsidiaries as at 31 December 209. (b) Calculate the tobal goodwill arising on acquisition if Bauble Co had acquired its investments in Jewel and Gem on 1 January 203 at a cost of $142,000 and $43,000 respectively and Jewel Co had acquired its investment in Gem Co on 1 January 202