(b) Paturo Ltd owns all the share capital of Siervo Ltd. The income tax rate is 30%. The following transactions took place during the periods ended 30 June 2016 to 30 June 2018. (i) In February 2016, Paturo Ltd sold inventories to Siervo Ltd for $6 000, at a mark-up of 20% on cost. One-quarter of these inventories were unsold by Siervo Ltd at 30 June 2016 to external parties and none at 30 June 2017. (ii) On 1 January 2016, Siervo Ltd sold a new tractor to Paturo Ltd for $20 000. This had cost Siervo Ltd $16 000 on that day. Both entities charged depreciation at the rate of 10% p.a. on the diminishing balance. The tractor was still on hand with Paturo Ltd at 30 June 2018. (iii) A non-current asset with a carrying amount of $1 000 was sold by Paturo Ltd to Siervo Ltd for $800 on 1 January 2018. Siervo Ltd intended to use this item as inventories, being a seller of second-hand goods. The item was still on hand at 30 June 2018. (iv) Siervo Ltd rented a spare warehouse to Paturo Ltd starting from 1 July 2017 for 1 year. The total charge for the rental was $300, and Paturo Ltd paid half of this amount to Siervo Ltd on 1 January 2015 and the rest is to be paid on 1 July 2018. (v) In December 2017, Siervo Ltd paid a $1 500 interim dividend. (vi) During March 2018, Siervo Ltd declared a $3 000 dividend. The dividend was paid in August 2018. (vii) During the period ended 30 June 2017, Siervo Ltd paid an interim dividend of $10 000 out of pre-acquisition profits. As a result, the investment in Siervo Ltd is considered to be impaired by $10 000. (viii) On 30 June 2017, Siervo Ltd declared a final dividend of $20 000 out of postacquisition profits. Required: Prepare adjusting journal entries for the consolidation worksheet at 30 June 2017 and 30 June 2018.