Required Briefly explain on the term Power as use in IFRS 10 (Consolidation of Financiat Statements (b) The following information is related to Mwangokyo Ltd and its subsidiary for the year ended 31 : December, 2021. You are further given the following information a) The issued share capital of Mwangokyo Ltd comprised of 5,000,000 ordinary shares (a) TZS 1,400 whereas that of Ngokyoma Ltd comprised of 1,000,000 ordinary shares (a) TZS1,400 b) Mwangokyo Ltd acquired 80% of the issued share capital of Ngokyoma Ltd in 2017 when the retained profit in Ngokyoma Ltd was TZS 78,400,000 Required Prepare the Mwangokyo Ltd group consolidated income statement for the year ended 31st December, 2021 and show extract of statement of changes in equity Required Briefly explain on the term Power as use in IFRS 10 (Consolidation of Financiat Statements (b) The following information is related to Mwangokyo Ltd and its subsidiary for the year ended 31 : December, 2021. You are further given the following information a) The issued share capital of Mwangokyo Ltd comprised of 5,000,000 ordinary shares (a) TZS 1,400 whereas that of Ngokyoma Ltd comprised of 1,000,000 ordinary shares (a) TZS1,400 b) Mwangokyo Ltd acquired 80% of the issued share capital of Ngokyoma Ltd in 2017 when the retained profit in Ngokyoma Ltd was TZS 78,400,000 Required Prepare the Mwangokyo Ltd group consolidated income statement for the year ended 31st December, 2021 and show extract of statement of changes in equity