D Ltd holds 90% ownership equity of R Ltd. R Ltd holds 75% of the ownership equity of E Ltd. E holds 80% of the ownership equity of S. During the year the following dividends are paid by the respective companies:

D $ 600,000

R $ 330,000

E $ 240,000

S $ 195,000

Required:

(a) Complete the table below by calculating the NCI direct and indirect interests in R, E, and S. (5 marks)

(b) Calculate the amount of dividend payments that would be shown in the consolidated financial statements. (5 marks)