Question: Additional Information: The difference of Rp140.000.000 between the book value and fair value for notes payable by PT SK refers to the notes payable

Additional Information: The difference of Rp140.000.000 between the book value and fair value for notes payable by PT SK refers to the notes payable retired in 2027. The total amount of notes payable retired by PT SK in 2027 is Rp1.760.000.000, and it was paid in cash. Therefore, the remaining notes payable on PT SK's balance sheet as of December 31, 2027 amount to Rp8.000.000.000. Instructions: Prepare separate financial statements consisting of: 1. Statement of Profit or Loss, 2. Retained Earnings Statement, and 3. Statement of Financial Position for PT Textilink Jaya Indonesia and PT Sutra Kencana on December 31, 2027. Show the computation for excess fair value over book value, allocation to identifiable net assets, calculation of income from PT Sutra Kencana, and investment calculation for both in PT Sutra Kencana and PT Arta Cipta on December 31, 2027. For the beginning balances, use the financial statements on January 1, 2027. Hints*: Financial statements on January 1, 2027, were your answers in Latihan Lab 4. Net Income from PT Textilink Jaya Indonesia is Rp20.333.850.000, and from PT Sutra Kencana is Rp1.193.000.000. Total assets for PT Textilink Jaya Indonesia are Rp580.554.850.000, and for PT Sutra Kencana are Rp129.802.000.000. *) Ensure your answers align with the provided hints, as they will be used in Latihan Lab 5. If your answers are in millions of Rupiah, DO NOT ROUND THE NUMBERS.

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