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High paid 64,000 to acquire an 80% interest (4,000 1 shares) in the ordinary share capital of Low on 1 January 20X1, when the reserves

High paid €64,000 to acquire an 80% interest (4,000 €1 shares) in the ordinary share capital of Low on 1 January 20X1, when the reserves of High and Low were €60,000 and €20,000 respectively. At 31 December 20X3, High’s reserves were €100,000 and Low’s reserves were €50,000.


Using parent company extension method, the consolidated group reserves as at 31 December 20X3 are?

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