question 278 of BPP KIT ( version 2019/2020)

question 278 is section B question of BPP KIT

What is the amount of group gross profit for the year ended 31 December 20X4?

in the answers it shows: $404,000
which is Port Co $364,000 and Alfred Co ($240,000 × 2/12) = $404,000

should we not do 75% of the (240000*2/12) which gives 30000, and then adding this to PORT COs 364000, giving a total of 394000?