The Statemement of Finanancial porition of Kand s as at xolcomber, in naiz xdiditional notes (1) K a caquired a 60% inceastment in may 1,2017 - 5 k140,000.The incea was olassified as a aveilable for sal mitty associated gains or looses recorcte Inveastment is recorded at its fair -f K162,000 as at ecocomber 30,2017 . (3) At may 1, 2017, the fir value of the assets argecired was assessed to be same of om item of plant, whore carrying val explest was k 30 , 00 and fair value was KC , 8 , The remaining usapul life of this asfet Wess loyeans trom the date of acquisit Deprectight line is charged on a monithing It is Group policy to value MCI at its proportionate share of the vir calue off th assets. )The profit for the year of S was k g and the profit are assumed to acorue elconly throughout the year. at rovecks remained in S s ? invertories markup on all sales. Kearns a 25% (6) Included in K ? s receivables is k 4 , 000 relating to mucentony sold to S Since a equisition. Sraised a cheque for K 2 , 500 and sen t if to K on xcovember 29 , 2017. K did not recelve this cheque until Decomber 4 , 2017. (7) Goodvicli has been impaired by Ks, 100 at the reporting date. (8) yeither cam pany has paid any dividends in the yas ended Roquired: Propare the consolidated statement of financial position of the K Group as at Xovermber 30,2017 The Statemement of Finanancial porition of Kand s as at xolcomber, in naiz xdiditional notes (1) K a caquired a 60% inceastment in may 1,2017 - 5 k140,000.The incea was olassified as a aveilable for sal mitty associated gains or looses recorcte Inveastment is recorded at its fair -f K162,000 as at ecocomber 30,2017 . (3) At may 1, 2017, the fir value of the assets argecired was assessed to be same of om item of plant, whore carrying val explest was k 30 , 00 and fair value was KC , 8 , The remaining usapul life of this asfet Wess loyeans trom the date of acquisit Deprectight line is charged on a monithing It is Group policy to value MCI at its proportionate share of the vir calue off th assets. )The profit for the year of S was k g and the profit are assumed to acorue elconly throughout the year. at rovecks remained in S s ? invertories markup on all sales. Kearns a 25% (6) Included in K ? s receivables is k 4 , 000 relating to mucentony sold to S Since a equisition. Sraised a cheque for K 2 , 500 and sen t if to K on xcovember 29 , 2017. K did not recelve this cheque until Decomber 4 , 2017. (7) Goodvicli has been impaired by Ks, 100 at the reporting date. (8) yeither cam pany has paid any dividends in the yas ended Roquired: Propare the consolidated statement of financial position of the K Group as at Xovermber 30,2017