On 30 June 2014 Anglesea Ltd acquired 100% of the shares in Lorne Ltd for a cost of $500000. The account balances of the two entities at the date of acquisition were: Anglesca Ltd (S000) Lome Ltd (S000) Cash 100 50 Accounts receivable 130 90 Inventory 200 110 Property, plant and equipment 400 350 Accumulated depreciation (120) (90) Land 300 100 Investment in Lorne Ltd 50 Accounts payable 110 70 Loans 200 190 Share Capital 900 200 Retained eamings 300 150 Additional information 11All assets of Lorne Ltd were fairly valued at acquisition except the land, which had a fair value of $140000. 2) The tax rate is 30% REQUIRED Prepare the consolidation journal entries, consolidated worksheet and consolidated statement of financial position for the above entities.