Garfield Limited owns 90% of the share capital of Arlene Limited.  The profit after tax of Arlene Limited for the year ended 31 March 2021 is $200,000. Below are the intragroup transactions for the year ended 31 March 2021. Assume an income tax rate of 16.5% and that all income on sale of assets is taxable and expenses are deductible.
1) On 1 April 2020, Arlene Limited sold a depreciable asset costing $80,000 (original cost $120,000, accumulated depreciation $40,000) to Garfield Limited for $100,000. Both entities depreciate assets at 10% p.a. on cost.
2) In February 2021, Garfield Limited sells inventory to Arlene Limited for $16,000. This inventory had previously cost Garfield Limited $11,000. Half of the inventory remains unsold by Arlene Limited at the end of the period.

Required:

(a) Prepare necessary consolidation journal entries for above intragroup transactions for the year ended 31 March 2021 (Narrations not required). 

(b) Prepare necessary consolidation journal entries for non-controlling interests’ share of profit for the year ended 31 March 2021 (Show your working, narrations not required).