Acquisition of additional shares in a subsidiary by parent   LO5 Peter Ltd acquired 80% of the issued shares of Sam Ltd on 1 July 2018 for $32 000 when equity of Sam Ltd consisted of: Share capital $20 000 Retained earnings 16 000 All the identifiable assets and liabilities of Sam Ltd were recorded at amounts equal to their fair values at this date except for plant for which the fair value was $2000 greater than the carrying amount. The remaining economic life of the plant was 5 years. The fair value of the non‐ controlling interest was $8000. The full goodwill method was used on consolidation. On 1 July 2020, Peter Ltd acquired a further 20% of the issued shares of Sam Ltd for $10 000 when the shareholders’ equity of Sam Ltd was as follows. Share capital $20 000 Retained earnings 20 000 Required Prepare the consolidation worksheet entries at 1 July 2020 immediately after Peter Ltd’s acquisition of further shares in Sam Ltd.