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Monty plc acquired 30% of the share capital of Tiger Ltd for $75,000 on 1 July 20X8. Monty plc was able to exercise significant influence over Tiger Ltd. During the year to 30 June 20X9 Tiger Ltd made a profit after tax of $270,000 and paid a dividend of $50,000. What amount will appear in the statement of financial position of Monty Ltd at 30 June 20X9 in respect of its investment in Tiger Ltd? $________ |