Q5. Ron td acquired 100% of the share capital of Harry Ltd in 20x1 when the balance on the retained earnings stood at 100,000. The following are extracts from the income statements of the two companies for the year ended 31December 20x4. Ron Ltd (000's) 1,000 Harry Ltd (000s) 500 Turnover You ascertain that Ron had sold Harry goods costing 100,000 at cost plus 10% and that none of these goods were in stock at the year end. Which of the following figures would appear in the consolidated income statement in respect of the group's turnover? A. 1,400,000 B. 1,500,000 C. 1,000,000 D. 1,390,000