Given the information below Prepare the consolidated statement of changes in equity for the period ended 30 June 2017.

On 1 July 2013 Mario Limited acquired all of the share capital of Luigi Limited for a consideration of $500,000 cash. t the date of acquisition the equity of Luigi Ltd consisted of: Share Capital General Reserve Retained Earnings 340,000 76,000 45,000 At that date all the identifiable assets and liabilities were recorded at fair value with the exception o Book Value ASSET nventory Land Plant (less accumulated depreciation) 18,000 33,000 60,000 14 46,000 27,000 Market Value 21,000 38,000 48,100 21,000 Acounts Receivable r the net assets at acquisitio The inventory was all sold by 30/6/14 The accounts receivable were collected by 30/6/14 for $21,000. The land was sold on 30/12/16 for $45,000 The remaining useful life of the plant is 7 years. The plant was on hand still at 30/6/17 Information from the trial balances of Mario Ltd and Luigi Ltd at 30 June 2017 is presented overleaf. Additional In 1. On 1 Jan 2017 Luigi Ltd sold inventory to Mario Ltd costing $27,000 for $38,000. One quarter of this inventory was still on hand as at 30/6/17 2. On 1 Jan 2016 Luigi Ltd sold inventory costing $4700 to Mario Ltd for $8000. Mario Ltd treats the item as equipment and depreciates it at 10% per annum. 3.On 1 July 2016 Luigi sold plant to Mario for $7,000. The plant had cost Luigi $8,000 on 1 July 2014 and it was being depreciated at 10% per annum. Mario regards the plant as inventory The inventory was all sold by 30th July 2016. 4. At 1 July 2016 Luigi Ltd held inventory that it had purchased from Mario Ltd on 1 June 2016 at a profit of $8000. All inventory was sold by 30 June 2017 5. Mario Ltd accrues dividends from Luigi Ltd once they are declared 6. Mario Ltd has earned $1200 in interest revenue in the 2017 financial year from Luigi Ltd. 7. Mario Ltd has earned $2400 in service revenue in the 2017 financial year from Luigi Ltd 8. Assume a tax rate of 30%. Required A. Prepare the acquisition analysis at 1 July 2013 B. Prepare the BCVR and pre-acquisition journal entries at 1 July 2013 C. Prepare the BCVR and pre-acquisition journal entries at 30 June 2017 D. Prepare the consolidation worksheet journal entries to eliminate the effects of inter-entity transactions as at 30 June 2017 E. Prepare the consolidation worksheet for the preparation of the consolidated financial