Statement of Financial Position at 31 December 2015 Parent Subsidiary Co. 2/4 Co. Original Book Value $ Original Book Value PPE 6,000,000 4,000,000 Investment in s Other assets Libilities 9,200,000 3,500,000 (2,600,000) 2,900,000 (1,200,000) Net Assets 16,100,000 5,700,000 Share Capital Retained Earnings 10,000,000 6,100,000 1,000,000 4,700,000 Shareholders' Equity 16,100,000 5,700,000 Consolidated Prepare a "Statement of Financial Position at 3yn pois (Worksheet Approach) Applymy. Illustration 2 Consolidation Journal Entries (CJE to 5 p. 20 to 23 Notes