REQUIRED Prepare the consolidated statement of financial position and statement of comprehensive income of Andy pic and trons plc as at 30 June 2015. Also provide a statement of changes in equity The following financial statements of Andy pic and its subsidiary trons pic have been extracted from their financial records at 30 June 2015. LO 21.4 Andyple rorople 725,000 292509 830.250 680.000 250-250 110,250 30.125 4170 Statement or prontando Soloso Cost of goods sold Gross profit DM dans moved hom bor pe Management for Gan on sale of plant Eponses Adeninistrative pencer Deprecation Management to expenso Other expenses Pront before tax Tiskompone Profit for the your p0.500 BO, TE GIDO P.SE 254,676 ECO 818 TUOT000 9259 178780 12.79 FO Statement of financial position ASSETS Non-current assets Land and buildings Planta cost Accumulatod depreciation Investment in brons plc 198,750 400,000 (107,000 600,000 291,750 407,500 444,750 173,500) 678,760 Current assets Inventory Accounts receivable 115,000 74.250 180,250 1,181,000 38,250 77.875 114,126 792,875 Total assets EQUITY AND LIABILITIES Equity and reserves Share capital Rotahed earnings 437,500 407,600 845,000 250,000 308,750 558,750 238,000 145,000 Non-current abilities Loans Current abilities Accounts payable Tax payable 100,000 100,000 338,000 1.181.000 57,875 31,260 89.126 234, 125 702.875 Total abilities Total equity and liabilities Other information Andy plc had opening retained earnings of 399,250 and paid 171.750 in dividends in the year. Irons plc had opening retained earnings of 299,000 and paid 116,250 in dividends in the year. Andy plc acquired its 100 per cent interest in Irons plc on 1 July 2008-that is, seven years earlier. The cost of the investment was 500,000. At that date the capital and reserves of Irons plc were: Share capital Retained earnings 250,000 200,000 450,000 At the date of acquisition all assets were considered to be fairly valued. During the year Andy plc made total sales to Irons plc of 81.250, while Irons plc sold 65,000 in inventory to Andy plc. The opening inventory in Andy plc as at 1 July 2014 included inventory acquired from Irons plc for 52,500 that cost Irons plc 43,750 to produce. The closing inventory in Andy plc includes inventory acquired from Irons plc at a cost of 42,000. This cost Irons plc 35,000 to produce. The closing inventory of Irons plc includes inventory acquired from Andy plc at a cost of 15,000. This cost Andy plc 12,000 to produce. . The management of Andy plc believe that goodwill acquired was impaired by 3.750 in the current financial year. Previous impairments of goodwill amounted to 20,000. On 1 July 2014 Andy plc sold an item of plant to Irons plc for 145.000 when its carrying value in Andy ple's financial statements was 101.250 (cost 168.750, accumulated depreciation 67,500). This plant is assessed as having a remaining useful life of six years. Andy plc paid 33,125 in management fees to Irons plc. The tax rate is 30 per cent