The following summarized statements of financial position are provided for William Ltd. and Mary Plc as at 30 June 2018:

William Ltd Mary Plc $000 $000 Non-current assets 16,700 10,200 Investment in Mary Plc 12,000 -- Current assets Inventory 5,750 3,400 Receivables 4,250 2,950 Cash 2,500 1,450 Total Assets 41,200 18,000 Equity Share capital $1 20,000 5,000 Retained earnings 12,600 7,900 Current liabilities Payables 8,600 5,100 Total Equity & Liabilities 41,200 18,000

Additional Information: William Ltd acquired 80% of Mary Plc three years ago when the balance on the retained earnings of Mary Plc was $5,800,000. At the date of acquisition, it was determined that non-current assets of Mary Plc had a fair value of $500,000 in excess of their book value. Their remaining useful life was 10 years at this time. William Ltd sells goods to Mary Plc at a mark-up of 25%. As a result, at the reporting date, Mary Plc 's records showed a payable due to William Ltd of $550,000. However, this disagreed to William Ltd 's receivables balance of $750,000 due to cash in transit. During the current year, William Ltd had sold $1,500,000 (selling price) of goods to Mary Plc of which Mary Plc still held one (10)

third in inventory at the year end. It is group policy to record the NCI holding at fair value, which was deemed to be $2,500,000 at the date of acquisition. An impairment loss of $1,000,000 should be charged against goodwill at the reporting date. Requirement: Prepare the consolidated statement of financial position at 30 June 2018.