YGD and its 60% subsidiary, STE, are companies operating in Y-land. YGD acquired STE many years ago. YGD's statement of profit or loss for the year ended 31 March 20X2 reports finance income of Y$500,000. STE has no finance income, and the intra-group accounts of both companies agree. During the year, STE paid a dividend of Y$400,000 and paid interest to YGD of Y$100,000 on an intra-group loan. What is the group finance income recorded in YGD's consolidated statement of profit or loss for the year ended 31 March 20X2? Solution A.Y$ nil B.Y$100,000 C.Y$160,000 D.Y$260,000