On January 1, 2020, Green Co, a company that adopts IFRS, acquired a 40% interest in Yellow Co for BD300,000. At the date of acquisition, Yellow Co's net assets had a carrying value of BD550,000 and a fair value of BD600,000. The difference between the carrying and appropriate values is attributable to the depreciated equipment over ten years. Green Co has been represented on Yellow Co's board of directors and has actively participated in the company's policy-making process. During 2020, Yellow Co had a net income of BD90,000 and paid a BD40,000 dividend.