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Prepare a consolidated income statement for Paracas and its subsidiary Sillustani for the year ended December 31. EH. Show the allocation of the consolidated net

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Prepare a consolidated income statement for Paracas and its subsidiary Sillustani for the year ended December 31. EH. Show the allocation of the consolidated net income betweeen controlling and noncontrolling interests. [2!) marks} Calculate the following balances on the consolidated balance sheet as at December 31. 2011: i1 Imnentories ii] Property, plant and equipment {net} iii} Bonds payable iv} Future income tam.r asset or liability v] Non-controlling interest [10 marks]

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