On 31 December 2023, Company A owns 55,000,000 ordinary shares issued by Company B. The total number of ordinary shares issued by Company B is 120,000,000. At the same time, Company A also holds $14,000,000 convertible bond issued by Company B. Each $100 value of the bond is convertible into 135 ordinary shares of Company B. The total outstanding convertible bond issued by Company B on 31 December 2023 is $16,000,000. Required: Based on the following two independent scenarios, please indicate and explain if Company A has control over Company B on 31 December 2023: 1. Company A has a current right to exercise the convertible bond or may redeem the same in cash. However Company A has decided to hold the convertible bond to maturity, which will be matured on 31 December 2033. 2. Company A has a current right to exercise the convertible bond, but at the same time, it also has an obligation to sell the convertible bond to a third party for cash at fair value. When answering the above, you are required to provide detailed calculations. (15 marks)