Please see over Question 2: Income statement and statement of changes in equity

Please see over Question 2: Income statement and statement Of changes in equity Dis Pro' it The Statement of Comprehensive Income of Rose plc and Hill plc for the year ended 3 1 December 201 S Rose plc acquired 800/0 of the shares in Hill plc on I January 2018 When Hill's retained earnings were ESO,OOO- Non-controlling interests are measured using Method l. During the year Rose plc sold Hill plc goods for 18,000 which rcprescntcd cost plus 400/0. 300/0 Of these goods were still in stock at the end of the year. During the year Rose plc and Hill plc paid dividends Of El 80,000 and El 1,250 respectively. The opening balances of retained earnings for the two companies were 56,000 and 14, 750 respectively. (a) Prepare a consolidated statement of income for the year ended 31 December 2018. (b) Prepare a consolidated statement of changes in equity for the year ended 31 December 2018. (3 marks) (Total 12 marks)