Below are the Statements of Financial Position of Ye Ltd and its related companies. You are also given the following information: - Ye acquired 90% of the shares in Johnson on 1 July 200, when the balance of the retained earnings of Johnson was 76,000. - Ye acquired 25% of the shares in Swift on 1 July 201, when the balance of the retained earnings of Swift was 38,000. - Neither Johnson nor Swift have issued any shares since the acquisitions by Ye. - Ye uses the proportion of net assets method to calculate non-controlling interests, and the partial goodwill method. - At acquisition by Ye, the fair value of property, plant and equipment with a useful life of 50 years remaining at the acquisition date was 80,000 in excess of the book value recorded in Johnson's own financial statements. - Goodwill in Johnson is impaired by 5,000 at the 202 year end. - The investment in Swift is impaired by 2,500 at the 202 year end. - Johnson sold goods to Ye for 16,000, which included a mark-up of onequarter. 80% of these goods were still in group inventory at the year end. - There was an intercompany balance of 15,000 at the year end in respect of sales between the two companies. Required: a) Prepare the Consolidated Statement of Financial Position for the Ye Ltd group as at 30 June 202. b) Explain the adjustments you made for: i.Intercompany trading between Johnson and Ye 5 marks ii.Property, plant and equipment in Johnson at acquisition by Ye 3 marks iii. The impairment of the investment in Swift 2 marks