Question 2 Win Berhad acquired a 60% equity interest in Nie Berhad many years ago when the latter had a retained profit of RM100,000. During the year ended 31 December 2021, Nie Berhad sold goods to Win Berhad at invoice prices totalling RM1,000,000 of which RM300,000 remained in the closing stock of Win Berhad. The profit element on such transfers to Nie Berhad was at 20% of the selling price. Extracts of the statement of financial position of the two companies as at 31 December 2021 were as follows: Win Berhad RM 1,500,000 Nie Berhad RM 200,000 Share capital Retained profits Balance brought forward Retained profit for the year Balance carried forward Current assets-stocks 200,000 200,000 400,000 150,000 100,000 250,000 500,000 200,000 Required: Calculate the consolidated retained profits, minority interest and stock at 31 December 2021. Ignore deferred tax effect on unrealised profits. (15 marks)