PQ 19.10 Consolidation worksheet, previously held investment in subsidiary On 1 August 2012, Erik Ltd acquired 10% of the shares in Firm Ltd for $8000. Erik Ltd used the fair value method to measure this investment with movements in fair value being recognised in prot or loss. At 1 July 2014, the fair value of this investment was $15 400. The original investment in Firm Ltd was due to the fact that Finn Ltd was undertaking research into particular microbiological elements that could inuence the protability of Erik Ltd. With the continuing success of this research, Erik Ltd decided to acquire the remaining shares (cum div.) in Finn Ltd. On 1 July 2014, Erik Ltd made an offer to buy the remaining shares in Finn Ltd for $151 000 cash. This offer was accepted by the shareholders of Firm Ltd. On 1 July 2014, immediately after the business combination, the statement of financial position of Finn Ltd was as follows: App??? 7014?\" nnpqtinnc: Tnnir' '2 _ pnncnlir'lnfinn l