capital 17.6 The statements of profit or loss of Jam, Butter and Honey for the year ended 31 December xe are aratalows: Samleare Sales Butter Honey RM'000 RM'000 RM'000 Cost of sales and expenses 5,000 2,000 4,000 (2.000) Profit before tax (500) (1.500) Dividend income 3,000 1,500 2,500 240 Tovation (1.000) (500) (800) 2,240 1,000 1,700 Dividends paid 500 400 Retained profit b/t 2,500 1,500 2,300 b. Jam acquired 800,000 of the 1,000,000 issued ordinary shares of Butter on 1 January x4 when the retained profit account of Butter had a credit balance of RM500,000. The carrying value of the net assets reflected the fair value. As at 1 January 8, RM200,000 goodwill has been written off. C Jam acquired 60 percent of the issued ordinary share capital of Honey on 1 January x1 when its retained profit had a credit balance of RM300,000 On 1 October 8, Jam disposed of all its shares in Butter for RM3 million. The buyer promised to pay in year x9. Jam has recorded the cash receivable in the sundry assets. e. Non-controlling interest is not measured at fair value. th f. The statements of financial position as al 31 December x8 are as follows: Jam RM'000 3,000 4,240 300 3,000 10,540 Butter RM'000 1,000 2,500 200 Ordinary share capital Retained earnings Liabilities Receipt of sale proceeds Honey RM'000 1,000 3,800 200 3,700 4,800 Investment in Butter Investment in Honey Sundry assets 1,500 900 8,140 10,540 3,700 3,700 4,800 4,800 Required: From the information given, prepare the consolidated statement of profit or loss for the year ended 31 December x8 and the consolidated statement of financial position as at that date