PepsiCo, Inc. Balance Sheet as at 31 December 2027

	$	$
Non-current assets
Investment in subsidiary:
- 480,000 shares bought 1.1.2027	720,000
Other non-current assets	1,200,000
Current assets	225,000	2,145,000
Share capital		1,200,000
Retained profits
As at 1.1.2027	235,000
Add Profit for year to 31.12.2027	245,000	480,000
Suspense		465,000
Total		2,145,000

Frito-Lay, Inc. Balance Sheet as at 31 December 2027

	$	$
Non-current assets		490,000
Current assets		460,000
Share capital		240,000
Retained profits
As at 1.1.2027	220,000
Add Profit for year to 31.12.2027	215,000	435,000
Total		1,150,000

Required:

1. Formulate the consolidated balance sheet as at 31 December 2027.
2. Resolve any suspense account balances.
3. Adjust for inter-company transactions.