Question Four Given below are the statements of financial position of Kale Ltd and Mpya Ltd as at 31st December, 2007 Kale Ltd purchased shares in Mpya Ltd on 1st January, 2004 when the retained profit and revaluation surplus in Mpya Ltd were Shs 10,000,000 and Shs 17,800,000 respectively. On 20th December, 2007 Mpya sent goods costing Shs 2,700,000 to Kale Ltd and by 31st December 2007 these goods had not been receive by the company. The management of the group believe that goodwill has been impaired by 10%. It is the group policy to measure non controlling interest at market value. The market value of the shares in Mpya Ltd immediately before Kale Ltd made investment in company was Shs 1,350 per share Required Prepare the consolidated statement of financial position of Kale Ltd as at 31st December 2007