Bell Limited ("Bell") owns 75% of the voting shares of Log Limited ("Log") and has control over Log. For the current year ended 31 March 2020, the following intra-group transaction occurred: - On 1 November 2019, Log Limited issued 2,500 8\% debentures of $100 at nominal value. Bell Limited acquired 30% of these debentures on the issuance date. Interest is payable half-yearly on 30 June and 31 December. Accruals have been recognized in the legal entities' accounts. Bell also owns 25% of Bronze Limited ("Bronze"). Bell has demonstrated significant influence in the financial and operating policy decisions of Bronze but not control or joint control over the company. On 1 April 2019. Bronze sold an item of plant to Bell for $24,000. At the date of transfer, the carrying amount of this plant in Bronze's records was $15,000. The plant has a remaining useful life of 5 years. Bronze's net profit for the year ended 31 March 2020 is $44,000. Required: (a) Prepare all necessary consolidation adjusting entries as at 31 March 2020 in relation to the intragroup transaction. [9 marks] (b) Compute Bell's share of Bronze's profit for the year ended 31 March 2020. [6 marks] Ignore taxation