Q2. The statement of financial position of Happy LLC and Rocket LLC at 30 Jun 2021 are as follows, Statement of Financial Position as on 30 Jun 2021 Happy LLC Rocket LLC Assets Non-Current Assets 75,000 Property, plant and equipment Investment in Rocket LLC Total Non-Current Assets 270,000 200,000 470,000 75,000 Current Assets Total Assets 180,000 650,000 45,000 120,000 415,000 Equity Ordinary share capital Preference Share capital Retained earnings Total Equity 50,000 20,000 15,000 100,000 Liabilities Current liabilities Total Equity & Liabilities 135,000 650,000 35,000 120,000 1. Happy LLC acquired 60% of Equity and 40% of Preference shares on 30 June 2019 for OMR 200,000 2. On 30 June 2019, the retained earnings of Rocket LLC was OMR 8,000. 3. Rocket LLC has issued no shares since being acquired by Happy LLC. 4. Goodwill arising on consolidation has suffered an impairment loss of 30% since acquisition. 5. Fair value of Rocket's non-current assets was OMR 5,000 more than their book value as on 30 June 2019. 6. The above revaluation has not been reflected in the books of Rocket LLC 7. Prepare a consolidated statement of financial position as at 30 Jun 2021