Great Ltd owns all of the share capital of Barrier Ltd. The income tax rate is 30%. The following transactions took place during the periods ended 30 June 2020 or 30 June 2021.

On 1 April 2020, Barrier Ltd sold an item of plant to Great Ltd for $25 000, recording a before-tax profit of $4 000. Plant of this type is depreciated on a straight-line basis over a 4-year period.

In relation to the above intragroup transactions, prepare adjusting journal entries for the consolidation worksheet at 30 June 2021. Only the adjusting entries need be shown. Narrations are not required.