• RBE owns 70% of the ordinary share capital of DCA. The total group equity as at 31 December 20X1 was $4,000,000, which included $650,000 attributable to non-controlling interest. RBE purchased a further 20% of the ordinary share capital of DCA on 1 October 20X2 for $540,000. During the year to 31 December 20X2, RBE issued 2 million $1 ordinary shares, fully paid, at $1.30 per share. Dividends were paid by both group entities in April 20X2. The dividends paid by RBE and DCA were $200,000 and $100,000, respectively. Total comprehensive income for the year ended 31 December 20X2 for RBE was $900,000 and for DCA was $600,000. Income is assumed to accrue evenly throughout the year. Required (a) Explain the impact of the additional 20% purchase of DCA's ordinary share capital by RBE on the equity of the RBE Group. (10 marks) (b) Prepare the consolidated statement of changes in equity for the year ended 31 December 20X2 for the RBE Group, showing the total equity attributable to the parent and to the non-controlling interest. All workings should be shown. (15 marks)