To do :1-Calculate the amount of goodwill, as at July 2020, related to the investment at companies Berlin and Shanghai, if its the case / 2- Calculate the amount of retained earnings for company Paris as at July 2020. (1 points) Question 1: The statements of financial position of Paris Ltd, Berlin Lid and Shangai Ltd as at 31 July 2020 are as follows: Paris&Led Berlin&Led Shangai&Led Assets NonScurrentSassets Property SplantSandSequipment. 2800 $20 400 InvestmentSinsBerlinSLtd 300 InvestmentSin$ShangaisLed 250 3850 CurrentSAssets 1150 350 335 Total& Assets 5000 870 735 Equity OrdinarySShareScapital 1440 130 100 RetainedSEarnings. 2490 480 400 TotalSEquity 3930 610 500 Liabilities H CurrentSLiabilities. 1070 260 235 Total&Equity&+& Liability 5000 870 735 The following information is available: (a) On 31 July 2017, Paris Lid paid 1800,0(0 to acquire 60% of the share capital of Berlin Lid. The retained earnings of Berlin Lid on that date were $300,000. The company's issued share capital has not changed since Paris Lid acquired its holding. On 3 1 July 2017, the fair value of the non-current assets of Berlin Lid was 1 150,000 higher than their book value. This valuation has not been reflected in the books of Berlin Lid. Goodwill has suffered 30 % of impairment losses. (b) On 31 July 2019, Paris Led paid E250,000 to acquire 306 of the share car pital of Shanghai Ltd. The retained earnings of Shanghai Lid on that date were $250,000 and all of its assets and liabilities were carried at fair value. The company's issued share capital has not changed since Paris Lid acquired its holding. (c) Non-controlling interests in subsidiaries are to be mo d at the appropriate proportion of the subsidiary's identifiable net assets. H) Any depreciation conseque ces of the fair value adjustment relating to the non-current assets of Berlin Led may be ignored