on january 1 year 5 pet company acquired 900 ordinary shares of set company for 63000 on this date the shareholder

Additional Information
PET uses the cost method to account for its investment in SET.
Any acquisition differential is allocated to patents with an estimated useful life of six years as at January 1, Year 5. Neither company has any patents recorded on their separate-entity records.
Required:
(a) Prepare a consolidated statement of retained earnings for Year 5.
(b) Prepare an independent calculation of consolidated retained earnings at the end of Year 5.
(c) Calculate non-controlling interest for the consolidated income statement for Year 5 and non-controlling interest for the consolidated statement of financial position at the end of Year 5.