consolidation acquisition achieved at stages . “Associate turned into subsidary.” e.g 1 jan 01 25 % holding 2020,000 purchase consideration ,company reserve 58oo,ooo. at 31 dec 01 the fair value of 25 % was 2440,000 . further 35% holding purchased on 30 sep 02 for 4025,000(the FV of $14.375 per share acquired on that date), company reserve 7800,000. what will be the calculation of profit on derecognition of investment?