Harry Ltd. has several investments. On 01/01/2020 Harry Ltd. acquired 54% of the ordinary shares of Company A and 40% of the ordinary shares of Company B. The Statement of Financial Position on 31/12/2020 of the different companies is as follows: Harry Ltd Company Company B 43,000 50,000 25,000 65,000 32,000 Non-current Assets Property. Plant and equipment Investment on Company A Investment on Company B Current Assets Inventory Trade receivables Cash Total Assets 15.000 30.000 75,000 242,000 2.000 5.000 500 46,500 14,000 12,000 30.000 106,000 100.000 30,000 20.000 20.000 2.600 5.250 62,000 21,000 5,000 Equity Capital (ordinary shares) General reserve Retained earnings Non-current Liabilities Long-term debt Current Liabilities Trade payables Total Equity and Liabilities 52.000 1.000 18.000 40.000 242,000 17.650 46,500 106,000 On the acquisition date, Company B had General reserve of 1,200 and retained earnings of 3,000. For the Company A, consider that there are no changes in the value of equity between the acquisition and the reporting date. Required: a) Explain what type of investment Company A and Company B represent for Harry Ltd. (2 marks) b) Prepare the consolidated statement of financial position for Harry Ltd. on 31/12/2020. (9 marks) C) Prepare the consolidated statement of financial position for Harry Ltd. on 31/12/2020 considering that, on the acquisition date, Company B had General reserve of 2,600 and retained earnings of 5,250. (8 marks) d) Do you recommend Harry Led to have investments as Company A and Company B? Explain (6 marks) your answer in detail