Draw up a consolidated statement of financial position from the statements of financial position of Papi Ltd and Child Ltd that were drafted immediately after the shares in Child Ltd were acquired by Papi Ltd. The amounts shown in the statements of financial position are a correct reflection of the fair values.

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Investment in Child Ltd: 140,000 Ordinary £1 shares Non-current assets Inventory Accounts receivable Bank Papi Statement of Financial Position Share capital - Ordinary shares of 50p each Non-current assets Inventory Accounts receivable Bank Child Statement of Financial Position Share capital - Ordinary £1 shares £ 140,000 90,000 31,000 63,000 16,000 340,000 340,000 £ 108,000 42,000 37,000 3,000 190,000 190,000