The statements of financial positions of A and its subsidiary entity B as at 31 December 2020 were as follows:

A B

$000 $000

Property, plant and equipment 120 177

Investment in B 134

Inventory 10 5

Receivables 30 25

Bank 10 5

304 212

Ordinary share capital 100 75

Retained earnings 144 120

244 195

Current liabilities 60 17

304 212

Additional information:

1. On 1 January 2018, when the retained earnings of B showed a balance of $60,000, A purchased 60,000 ordinary shares in B for $134,000.

2. Asold goods to B during the year for $10,000 at a mark-up of 25% on cost. At the year-end, half of these goods were still held in inventory by B.

3. On 1 January 2018 the net assets of B had a fair value of $155,000. The excess of fair value over the carrying value in the individual financial statements of B was due to plant included in property, plant, and equipment. This plant had a useful economic life of 5 years from 1 January 2018. None of the plant that was subject to a fair-value adjustment at 1 January 2018 had been sold by 31 December 2020. Property plant and equipment is measured in Bs own financial statements at depreciated cost.

4. Since acquisition there has been no impairment of goodwill on consolidation.

5. It is the groups policy to value non-controlling interests at acquisition at its proportionate share of the fair value of the subsidiarys identifiable net assets.

Prepare the consolidated statement of financial position for the group as at 31.12.2020.