On 1 March 2016 Sunshine Ltd acquired 80% of the issued share capital of Macbeth Ltd for consideration of 444,000. The following information has been extracted from the statement of financial position of Macbeth Ltd on the date of acquisition:

Share capital Share Premium Retained profits

200,000

80,000 74,000

The following information is available:

1. (1) Included in Macbeth Ltds statement of financial position on the date of acquisition was land at cost of 35,000. Land is not depreciable. The fair value of the land on 1 March 2016 was estimated to be 40,000.

2. (2) The retained profits of Macbeth Ltd at 31 December 2019 were 120,000.

3. (3) At the end of 2019 directors estimated that goodwill had been impaired by 6,800. Share capital and share premium of Macbeth Ltd have remained the same since the date of acquisition.

REQUIRED:

Calculate Goodwill and Non-Controlling Interest to be included in the consolidated statement of financial position of Sunshine Ltd at 31 December 2019.