E4-3 Consolidation with Dividends Anele PLC was a 75 percent owned subsidiary of Folake PLC since January 2014. In April and September 2014, Anele PLC declared dvidend of $200,000 each. Nowever, the September dividend has not been palcd REQUIRED: Assuming Folake PL.C didn't declare any dividend during 2014, and didn't have any dividend payable in its separate balance sheet 1. What is the amount of dividend that should be reported in the consolidated financial statement? 2. What is the amount of dividend payable, which should appear in the consolidated balance sheet on December 31, 2014