Full goodwill method, consolidation worksheet, consolidated financial statements

Western Ltd acquired 75% of the shares of Quoll Ltd on 1 July 2015. In exchange for these share Western Ltd gave a consideration of $26000 cash and 10000 shares in Western Ltd, these having a fair value of $2 each. At this date the shareholders' equity of Quoll Ltd consisted of:

\fWestern Ltd Quoll Ltd Sales revenue $ 75 000 $ 118 000 Interest revenue 375 1 000 Dividend revenue 2 700 1 000 78 075 120 000 Cost of sales (51 000) (87 750) Financial expenses (2 250) (3 000) Selling expenses (6 000) (9 000) Other expenses (2 250) (2 250) (61 500) (102 000) Profit before tax 16 575 18 000 Income tax expense (7 500) (8 200) Profit for the year 9 075 9 800 Retained earnings (1/7/19) 28 900 21 700 Dividend paid 37 975 31 500 (4 000) (3 600) Retained earnings (30/6/20) 33 975 27 900 Share capital 60 000 45 000 Other components of equity 7 500 Total equity 93 975 80 400 Current liabilities 12 750 4 350 Non-current liabilities: Loans 7 500 Total liabilities 12 750 11 850 Total equity and liabilities $ 106 725 $ 92 250 Plant 45 000 90 000 Accumulated depreciation (25 500) (45 750) Shares in Quoll Ltd 46 000 0 Loans from Quoll Ltd 3750 0 Inventories 13 400 23 250 Cash 21 075 750 Financial assets 0 16 500 Deferred tax assets 3 000 7 500 Total assets $ 106 725 $ 92 250