Apple Ltd purchased 60% of ffe shares totalling in Banana Ltd and Banana Ltd wholly Cherty Ltd nhlch was purchased for S52,OOO. Both investments were acquired on I July 201 S. On this date, shareholders' equity 'A'as valued at: Banana Ltd Cherry Ltd Share capital General re Retained earnings 1 ooaa 16,000 The financial statements of the entities within the group 30 June 2020 are as follonz: Apple Ltd: Total assets Total habilihes Share capital Retained earnings Banana Ltd: Debentues m Cherry Ltd Total assets Total habilihes Share capital General re Retained earnings Total assets T otal habilihes Share capital General re Retained earnings 295,000 126,000 100,000 30,000 39,000 16250 3 s.ooo 66,500 30,250 2,250 The tax rate is 300/0. All non controlling interest are at the proportionate share of the acquiree's identifiable net assets. Inventory on hand at 30 June 2020 mcluded goods obtained from within the group as follows: pple Ltd purchased from Banana Ltd, sale price was and cost $7,500_ -Apple Ltd purchased from Cherty Ltd: sale pnce was 20 , 000 and cost SISCOC -Banana Ltd purchased from Cheny Ltd, sale price was and cost S 13,800_ The directors had applied the impairment test for goodwill annually and detennined that a write-doun ofS3,ogo is required for consolidation pulposes at 30 June 2020 (uTite-donu of goodwill in Banana Ltd is S440 and nrite-doum of goodwill m Cherty Ltd is $2,650) With the same amounts deemed to be attnbutable for the prior penod. All debentures (includine the debenture from Chew,' Ltd to Banana Ltd) is due 30 June 2030 the space provided - show goodwill entries, intragroup transactions and calculate direct and indirect non-controlling Interest