Goodwill Fair value of consideration non-controlling interest value @ acquisition (Fv) Total subsidiary value 1,380,000 450,000 1,830,000 14 Less subsidiary net assets @ acquisition (1,000+480) (1,480,000) 350,000 Non-controlling interest NCI value at acquisition FV NCI share of post acquisition ( 25% x ( 660,000-480,000)) 450,000 45,000 495,000 Investment Other asset (4,500,000+2,400,000) Liabilities ( 740,000+1,840,000) Share capital Nil 6,900,000 2,580,000 2,000,000 Group retained earnings Retained earnings of Garane (Parent) 75% of Earnest post acquisition profit (75% x (660-480) 2,040,000 135,000 2,175,000 Homework Based on the above prepare the consolidated statement of financial position of as at December 31, 2019. (10 marks)