(c) At 1 June 2006, Router held a 25% shareholding in a film distribution company, Wireless, a public limited company. On 1 January 2007, Router sold a 15% holding in Wireless thus reducing its investment to a 10% holding. Router no longer exercises significant influence over Wireless. Before the sale of the shares the net asset value of Wireless on 1 January 2007 was $200 million and goodwill relating to the acquisition of Wireless was $5 million. Router received $40 million for its sale of the 15% holding in Wireless. At 1 January 2007, the fair value of the remaining investment in Wireless was $23 million and at 31 May 2007 the fair value was $26 million. (6 marks) Required: Discuss how the above items should be dealt with in the group financial statements of Router for the year ended 31 May 2007.Required: Discuss how the above items should be dealt with in the group financial statements of Router for the year ended 31 May 2007.