Consolidated statement of financial position Austin buys all of the share capital of Reed on 31 December 2007 The SFPs of the two companies at 31 December 20x7. are as follows: Austin Reed $ Non-current assets: Tangible 80,000 8,000 Investments Shares in Reed 17.000 97,000 Current assets 198,000 24.000 295,000 32,000 Capital and reserves: Share capital Retained earnings 100.000 30,000 10,000 5,000 15,000 Current liabilities: 130,000 165,000 295.000 17,000 32.000 There has been no impairment in the value of goodwill. Prepare the consolidated statement of financial position of Austin as at 31 December 20x7