[单选题]
On 1 January 2013 Able purchased 75% ofthe ordinary share capital of Cain for USD920,000.On 31 December 2014 there wasunrealised profit of USD3,000, this related to goods sold by Cain to Able.During the year ended 31 December 2015,Cain had sold goods to Able for USD30,000, the goods were sold at a mark-up of 20%. At31 December 2015 80% of the goods were still held as inventory by Able.Retained earnings of the two companieson acquisition and at 31 December 2015 are as follows: Able Cain USD USD 1 January 2013 374,000 107,000 31 December 2015 427,000 151,000 What will bethe consolidated retained earnings for the Able group as at 31 December 2015? Ignoregoodwill.
A .
B .
C .
D .
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