solution plz

X owns 75% of the ordinary share capital of its subsidiary Y. At the group's year end, 28 February 20X7, X's payables include $3,600 in respect of inventories sold to it by Y. Y's receivables include $6,700 in respect of inventories sold to X. Two days before the year end X sent a payment of $3,100 to Y that was not recorded by the latter until two days after the year end. Explain, briefly, how the in-transit item should be dealt with as follows in the consolidated statement of financial position at 28 February 20x7