On 1 January 2017, VMS Bhd, owns 50% of JV Sdn. Bhd., the joint venture. The following are the financial statements of VMS Bhd, and JV Sdn. Bhd. at 31 December 2017. Statement of Financial Position 31 December 2017 Non-Current Assets Investment at JV at cost Current Assets Total Assets VMS Bhd JV Sdn. Bhd RM 000 1,000 AM 000 160 50 340 120 1,400 280 Current Liabi (50) (20) Non-current Liabilities (250) (60) Net Assets 1,100 200 Equity 700 120 Shareholders' equity 400 80 Retained Earings 1,100 200 Income Statement 31 December 2017 Revenue Cost of sales Other expenses Net Income VMS Bhd JV Sdn. Bhd AM 000 RM 000 1.200 300 (600) (160) (200) (60) REQUIRED: Using the Proportionate Consolidation method, calculate the curent assets of V in RM Using the Proportionate Consolidation method calculate the total assets of Vin RM G) Using the Proportionate Consolidation method, calculate the cument abilities of V in RM H) Using the Proportionate Consolidation method, calculate the non-cument abilities of Vin RM Using the Proportionate Consolidation method, calculate the Shareholders Equity of Vin RM Using the Proportionate Consolidation method, calculate the retained earnings of V in RM Using the Proportionate Consolidation method, calculate the total equity of Vin RM 80