The following financial information of the parent company Peter Ltd and its subsidiary company Silvia Ltd has been extracted from their financial records at 30 June 2020.

Acrobat Reader File Edit View Window Help 380 30 100% 27 Wed 17:53 Q ... EX03367_ACT503_1F_19.pdf Home Tools Slide 1 Lecture 6 - Reval... Corporate Accoun Corporate Accoun EX03367_ACT503... x (? Sign In 5 / 10 100% 9 Income statement Peter Ltd ($) Silvia Ltd ($) Export PDF Sales revenue 344,000 125,000 Cost of goods sold Create PDF 149,000 102,000 Gross profit 195,000 23,000 Edit PDF Dividend revenue -18,000 25,000 Comment Gain on sale of non-current asset 3,000 500 Combine Files Depreciation expense 12,000 11,000 Adobe Acrobat Pro DC Other expenses 11,000 4,500 Combine two or more files into a single PDF Profit before tax 157,000 33,000 Tax expense 11,100 6,000 Learn more Profit for the year 145,900 27,000 Organize Pages v Retained earnings - 30 June 2019 210,000 60,000 Interim dividend paid 10,000 20,000 Store and share files in the Retained earnings - 30 June 2020 345,900 67,000 Document Cloud Learn More OCT 14 LOW XAcrobat Reader File Edit View Window Help 380 30 100% 27 Wed 17:53 Q ... EX03367_ACT503_1F_19.pdf Home Tools Slide 1 Lecture 6 - Reval... Corporate Accoun Corporate Accoun EX03367_ACT503... x (? Sign In 6 / 10 75% 9 Export PDF Statement of financial position Peter Ltd ($) Silvia Ltd ($) Create PDF Shareholders' equity Edit PDF Retained earnings 345,900 67,000 Share capital 100,000 53,000 Comment Other reserves 60,000 Combine Files Current liabilities Accounts payable 90,000 85,000 Deferred tax liability 40,000 65,000 Adobe Acrobat Pro DC Combine two or more files Total liabilities and equity 635,900 270,000 into a single PDF Current assets Cash 199,900 95,000 Learn more Inventory 102,000 50,000 Non-current assets Organize Pages v Plant and Machinery 200,000 100,000 Investment in Serum Ltd 104,000 Store and share files in the Deferred tax asset 30,000 25,000 Document Cloud Total assets 635,900 270,000 Learn More OCT 14 ... O W X