QUESTION 2 statements of financial position at 31 December 20X5 Lotus Proton Non-current assets 70 60 Investment in S at cost 55 Current Assets 60 40 185 100 Ordinary shares 100 45 Retained earnings 45 10 Current liabilities 40 45 185 100 Lotus acquired all the shares in Proton on 31 December 20x5 for a cost of $60,000. Prepare the consolidated statement of financial position at 31 December 20x5