b$)$: Prex Co has owned $75\%$ of the share capital of Sirex Co since the date of SirexCo's incorporation. Ther latest statements of financial position are given belowPrex COSTATEMENT OF FINANCIAL POSITIONTZS $1$ZSAssetsNon current assetsProperty, Plant and equipment$30,000$ T$251,000$ ordinary shares in S Go at costCurrent assetsTotal assetsEquity and liabilitiesEquity $80\mathrm{.}000$ TZS$10$ otdinary sharesRetained earningsCurrent liabilitiesTotal equity and liabilities$50\mathrm{.}000,00030,000,00080\mathrm{.}000,00045\mathrm{.}000\mathrm{.}000125,000,00080\mathrm{.}0\mathrm{.}025\mathrm{.}000000105,000\mathrm{.}00020,000\mathrm{.}000125,000,000$Sirex COSTATEMENT OF FINANCIAL POSITIONTZSTZSAssetsProperty plant and equipmentCurrent assetsTotal assetsEquity and liabilitiesEquity$40\mathrm{.}000$ TZS$1.000$ ordinary sharesRetained earningsCurrent liabilitiesTotal equity and liabilitiesRequired:Prepare the consolidated statement of financial position$35\mathrm{.}000\mathrm{.}00035,000,00070,000\mathrm{.}00040,000\mathrm{.}00010,000\mathrm{.}00050,000\mathrm{.}00020\mathrm{.}000\mathrm{.}00070,000\mathrm{.}000(15$ Marks$]$