Question 2 1 pts Binturong plc acquired 100% of the ordinary shares in Cheetah Ltd and Fossa Ltd some years ago. The retained earnings of the three companies as at 31 December 2016 were as follows: Binturong plc Cheetah Ltd Fossa Ltd '000 70 40 Retained earnings 90 At acquisition Cheetah Ltd had retained losses of 10,000 and Fossa Ltd had retained earnings of 30,000. What are the consolidated retained earnings of Binturong Ltd on 31 December 2016? o 220,000 O 180,000 O 160,000 O 200,000