(a) Pluto Ltd is engaged in the distribution and trading of toy robots. following chart shows the relationship between Pluto Ltd and other companies The Mr. Steve Chow, Chief Pluto Ltd Executive Director and controlling shareholder 30% 80% Goofy Ltd Manny Ltd 70% 60% 15% Jerry Ltd Slinky Ltd Tom Ltd All percentages shown in the diagram indicate voting power. The directors of the individual companies are: Pluto Ltd: Pl, P2 Jerry Ltd: J. J2 Goofy Ltd: GI, G2, G3 Slinky Ltd: S1, S2 Manny Ltd: MI, M2 Tom Ltd: T1, T2 Required: For each of the individual companies and its directors mentioned in the question explain whether each of them is a related party in the consolidated financial statements of Goofy Ltd according to HKAS 24 Related Party Disclosures. (16 marks) (b) Define the term 'financial instrument' and explain whether each of the following transactions gives rise to a financial instrument in accordance with HKAS 32 Financial Instruments: Presentation