The following statements of financial position were extracted from the books of two companies as at December 31, 2018 Drummond Clarke $ $ Non-current assets: Property, Plant & Equipment Investments: Shares in Clarke 150,000 22,000 54,000 Current assets 204,000 428.000 632.000 66,000 88.000 Equity: Share capital Share premium Retained earnings 160,000 40,000 80.000 280,000 352.000 632.000 8,000 12,000 18,000 38,000 50,000 88,000 Current liabilities 1. Drummond acquired all the share capital of Clarke one year ago when the retained earnings of Clarke stood at $4,000 on the day of acquisition. 2. Goodwill is calculated using the proportion of net asset method. 3. There has been no impairment of Goodwill since acquisition. Required: Prepare the consolidated statement of financial position of Drummond as at December 31, 2018. Innlal