The draft balance sheets of Star Itd Planet Lid and Comet Itd as at 31 December 2018 ar as follows Star Lid Planet Led Comet Led Ooo $090 500 500 sooo ooo Non-current assets Tangible assets Investments in subsidiaries Shares in Planet Itd Shares in Comet It'd 27 1 125 205 Current assets Inventories Accounts receivable Bank 12 40 1 50 215 ICHE Capital and reserves Ordinary shares 150 Retained profits 250 195 Non-current liabilities 12 5 loan Current liabilities Proposed dividends Accounts payable - 50 RIE 10 0Notes ! ( 1 ) Star Itd acquired told of the shares in Planet Itd on I October 2014 when the balance of the subsidiary's retained profits was $40 090 . ( 2 ) Star Itd acquired 20' of the shares of Comet Itd and Planet Itd acquired Good of the shares of Comet Itd on In January 2017 when that company's retained profits stood at 515 090 At the same date the fair value of the land of Comet exceeded its carrying amount by $8 090 (2 ) Planet Itd delivered goods with an invoiced value of $5090 to Star Lid on 15 December 2018 Star had not sold these goods or settled the amount on 31 December 2018 Planet earned a 20 % profit margin on all goods it sold ( 4 ) The dividends of the Star Itd Planet Itd and Comet Itd were proposed in December 2018 They had not been recorded in the books of the shareholding companies as dividends receivable . ( 5 ) Non -controlling interest was measured as its proportionate share of the acquire's identifiable net assets ( 6 ) There had been no change in the number of issued shares of the three companies since I October 2014 Instructions You are required to prepare the consolidated balance sheet of the Star Group as at 31 December 2018