Required (a) (i) Explain, including relevant calculations, how goodwill should have been calculated on the acquisition of Nathan and Option and subsequently treated in the consolidated financial statements of Marchant. (8 marks) (ii) Explain, with supporting workings, the adjustments needed to the consolidated financial statements to correctly reflect intergroup trading. (3 marks) (iii) Discuss, with suitable workings, how the disposal of Option and the resulting gain should have been treated in Marchant's consolidated financial statements. (4 marks) (iv) Advise, with suitable calculations, how the gain on the investment in Nathan under IFRS 9 and the gain on the disposal of the equity interest in Nathan, included in Marchant's separate financial statements, should be adjusted for in preparation for incorporation into the consolidated financial statements. (9 marks) (b) Explain, with suitable calculations, how the sale of the 8% interest in Nathan should be dealt with in the consolidated statement of financial position at 30 April 20X4. (6 marks) (Total = 30 marks)