on 1/01/x3 J group acquired 2 025 000 of the 4 500 000 ordinary R1 shares in entity PA for R5 695 000 at acquisition PA had retained earnings of 1 400 000

when preparing the j group. consolidated financial statement for the year end date of 31/12/x3 accountants at the group entity are working with the following information :

in the x3 financial year PA paid a dividend totalling R45 000 to its shareholders

at the end of the x3 financial year the group investment in PA is found to have impaired by 94 000.

based on this information calculate the group investment in associate figure in its consolidated financial statement dated 31/12/x3

a) 6 200 000

b) 6 350 134

c) 6 150 000

d) 6 134 250