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The following are the statement of financial positions of a parent company and its subsidiary: Parent Company . Property plant and equipment:$200,000 . Investment in

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The following are the statement of financial positions of a parent company and its subsidiary: Parent Company . Property plant and equipment:$200,000 . Investment in subsidiary: $50,000 . Current assets: $60,000 . Share capital: $140,000 . Retained eamings: $60,000 Current liabilities: $30,000 Long-term liabilities: $80,000 Subsidiary Company Property plant and equipment: $40,000 Current assets: $10.000 Share capital: $50,000 Task Prepare the consolidated statement of financial position for the group

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