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i am confused with this question. please guide me how to do it. Given below are the statements of nancial position of May and Park

i am confused with this question. please guide me how to do it.

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Given below are the statements of nancial position of May and Park as at 31 December x7. May Park RM'000 RM'OOO 700,000 Ordinary shares 800 150,000 Ordinary shares 230 100,000 Redeemable preference shares 100 Retained prot 1 January x7 50 30 Prot for the year 40 50 10% debentures : m E m Investments in Park at cost -Ordinary shares 135 -- -Redeemab|e preference shares 30 -- RM45,000 10% debentures 45 Sundry net assets m w 510 Additional information: a) May acquired the shares and debentures in Park on 1 January x7. The consideration transferred was as follows: Financial assets acquired Consideration _E1I Ordinary shares in May 135,000 ordinary shares 135,000 33,000 shares - market value RM3 each 30.000 preference snares 30.000 Rm45.000 10% debentures 45.000 May has only recorded the cash paid to acquire the securities. b) On 1 January x7, May recognised an intangible asset (other than goodwill) in Park and the fair value of which was RM40,000. The estimated economic life of the asset was four years. Park has not recorded it. Ignore deferred tax. c) As at yearend, provision or the year's dividends on preference shares and second half year's debenture interest have not been provided by Park. Preference dividends accrued are RM10,000. Required: Prepare the consolidated statement of nancial position as at 31 December x7

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