On 31 May 2021, Plymouth acquired 80% of the equity share capital of Sha. The consideration consisted of two elements: a share exchange of three shares in Plymouth for every five acquired shares in Sha and $800,000 cash. The share issue has not yet been recorded by Plymouth. At the date of acquisition shares in Plymouth had a market value of $5 each. Below are the summarized draft financial statements of both entities.

Statement of Financial Position as of 01 October 2021
	Plymouth	Sha
Assets
Non-current assets
Property, plant and equipment	25500	13900
Investments	1800	0
	27300	13900
Current assets
Inventory	5300	500
Receivables	4200	1100
Bank	3000	800
Total assets	39800	16300
Equity and liabilities
Equity
Equity share of $1 each	12000	5000
Other equity reserve	500	0
Retained earnings	12300	4500
	24800	9500
Liabilities
Current liabilities	15000	6800
Total equity and liabilities	39800	16300

The following information is relevant:

(1) At the date of acquisition, the fair value of Shas assets were equal to their carrying amounts with the exception of its property. This had a fair value of $1.2 million below its carrying amount, and had a remaining useful life of 8 years at the date of acquisition. Sha has not incorporated this in its financial statements.

(2) Plymouth had $2 million (at cost to Plymouth) of inventory that had been supplied in the post-acquisition period by Sha as at 01 October 2021. Sha made a mark-up on cost of 25% on these sales.

(3) Plymouth had a trade payable balance owing to Sha of $350,000 as at 01 October 2021. This did not agree with the corresponding receivables in Shas books due to a $130,000 payment made to Sha, which Sha has not yet recorded.

(4) Shas current years profit was $3,900 and it accrued evenly throughout the year.

(5) Plymouths policy is to value non-controlling interest at fair value at the date of acquisition, deemed to be $3.5 million.

(6) Consolidated goodwill was impaired by $1.5 million at 01 October 2021.

Required:

Prepare the consolidated statement of financial position for Plymouth as at 01 October 2021.