Apple Inc. Balance Sheet as at 31 December 2046

	$	$
Non-current assets
Investment in subsidiary:
- 860,000 shares bought 1.1.2046	1,290,000
Other non-current assets	2,150,000
Current assets	415,000	3,855,000
Share capital		2,150,000
Retained profits
As at 1.1.2046	425,000
Add Profit for year to 31.12.2046	435,000	860,000
Suspense		845,000
Total		3,855,000

Beats Electronics LLC Balance Sheet as at 31 December 2046

	$	$
Non-current assets		870,000
Current assets		840,000
Share capital		430,000
Retained profits
As at 1.1.2046	410,000
Add Profit for year to 31.12.2046	405,000	815,000
Total		1,725,000

Required:

1. Prepare the consolidated balance sheet as at 31 December 2046.
2. Address any discrepancies in the suspense account.
3. Adjust for inter-company transactions.