Question 3 (30 Marks) a) AB Ltd has acquired 100% share capital of Advent on January 2019, which is engaged in the supply of basic foods. The entity was generating healthy profits, but has now started reporting operating losses from the last few months because of bad reputation resulting from numerous customers becoming ill, because of the supply of sub-standard foods in May2019. The carrying values of Advent's assets at 31 December 2019 are as follows: Rials 000 14,000 Goodwill Factory Building Purifying plant Inventories Total 24,000 16,000 10,000 64,000 Based on the estimated future cash flows, the directors have estimated that the value in use of Advent as a cash generating unit at 31 December 2019 is Rials 40 million. There is no reliable estimate of the fair value less costs to sell of Advent. Required: Calculate the carrying values of Advent's assets at which these will be presented in the consolidated statement of financial position of AB Ltd, for the year ended 31 December 2019. (20 Marks) Note: Provide explanation of the workings shown