KK Ltd regularly sells goods to its wholly-owned subsidiary company Ash Ltd, which it has owned since Ash Ltd.'s incorporation. The statement of financial position of the two companies on 28th February 2020 is given below. Required: Prepare a consolidated account for the group that ended 28th February 2020. Assets STATEMENT OF FINANCIAL POSITION AS AT 28 FEBRUARY 2020 Non-Current Assets Ash Ltd KK Ltd (R) (R) 90,000 60,000 PPL 35,000 60,000 Investments in 55,000 shares in Ash Ltd at cost 55,000 Current Assets 55,000 51,000 Inventory 16,000 27,000 Trade receivable: Ash Ltd 2,000 Bank Total Assets Equity and Liability Other 21.000 24,000 16,000 145,000 111,000 Members' interest and reserves 116,000 69,000 55,000 R1 ordinary shares 85,000 R1 ordinary shares. Retained earnings Non-Current Liabilities Current Liabilities Bank overdraft Trade payables: KK Ltd Total Liabilities 55,000 85,000 31,000 14,000 8,000 7,000 Other 29,000 32,000 29,000