PIXIE CO AND DIXIE CO On 1 October 20X9, Pixie Co acquired 37,500 ordinary shares in Dixie Co. At the date of acquisition, the retained earnings of Dixie Co amounted to $30,000. The acquisition of shares was financed by the immediate payment of $10,000 cash together with the issue by Pixie Co of one share for each Dixie Co share acquired. At 1 October 20X9, the fair value of a Pixie Co share was $2. At 31 December 20X9, only the payment of cash had been accounted for. At the date of acquisition, the fair value of the non-controlling interest in Dixie Co was $20,000. The statements of financial position of the two entities at 31 December 20X9 were as follows: Pixie $ 210,000 113,100 10,000 Dixie $ 110,600 43,400 Non-current assets Current assets Investment in Dixie 333,100 154,000 Ordinary share capital @ $1 Retained earnings SsSundry payables 100,000 157,000 76,100 50,000 38,000 66,000 333,100 154,000 Required: Prepare the consolidated statement of financial position of Pixie Co and its subsidiary as at 31 December 20X9