Hi, Can you help me for part b and C?

ACCT 20002 INTERMEDIATE FINANCIAL ACCOUNTING T RI WEEK 11) ExERCISE On 1 July 2012, Phyla Ltd acquired 80% of the shares of Xebec Ltd for $125 000, At acquisition date the equity of Xebec Ltd consisted of: Share capital Revaluation surplus Retained earnings $80 000 16 000 20 000 On this date, all the identifiable assets and liabilities of Xebec Ltd were recorded at fair value with the exception of Land that had a carrying amount $20 000 below fair value Additional information (a) Profit in inventory arising from intra-group sales At 30 June 2015 $500 in Phyla arising from $3 000 of purchases from Xebec during the year $200 in Xebec arising from $1 500 of purchases from Phyla during the year - At 30 June 2016 -$1 200 in Phyla arising from $10 000 of purchases from Xebec during the year ($450 of these purchases are outstanding at the reporting date) $300 in Xebec arising from $4 000 of purchases from Phyla during the year ($150 of these purchases are outstanding at the reporting date) (b) On 1 July 2013, Xebec sold equipment to Phyla Ltd for a profit of $5 000. Xebec charges depreciation assuming a 5-year life with no residual value. (c) During the current year Xebec provided rental services of $800 to Phyla for cash (d) The directors of Phyla believe the recoverable amount of the business combination has exceeded the carrying amount since acquisition (e) The tax rate is 30%. Required a) Complete the schedule of Non-Controlling Interest provided as at 30 June 2016 b) Complete the consolidation worksheet provided as at 30 June 2016 c) Complete the financial statement extracts provided as at 30 June 2016 ACCT 20002 INTERMEDIATE FINANCIAL ACCOUNTING T RI WEEK 11) ExERCISE On 1 July 2012, Phyla Ltd acquired 80% of the shares of Xebec Ltd for $125 000, At acquisition date the equity of Xebec Ltd consisted of: Share capital Revaluation surplus Retained earnings $80 000 16 000 20 000 On this date, all the identifiable assets and liabilities of Xebec Ltd were recorded at fair value with the exception of Land that had a carrying amount $20 000 below fair value Additional information (a) Profit in inventory arising from intra-group sales At 30 June 2015 $500 in Phyla arising from $3 000 of purchases from Xebec during the year $200 in Xebec arising from $1 500 of purchases from Phyla during the year - At 30 June 2016 -$1 200 in Phyla arising from $10 000 of purchases from Xebec during the year ($450 of these purchases are outstanding at the reporting date) $300 in Xebec arising from $4 000 of purchases from Phyla during the year ($150 of these purchases are outstanding at the reporting date) (b) On 1 July 2013, Xebec sold equipment to Phyla Ltd for a profit of $5 000. Xebec charges depreciation assuming a 5-year life with no residual value. (c) During the current year Xebec provided rental services of $800 to Phyla for cash (d) The directors of Phyla believe the recoverable amount of the business combination has exceeded the carrying amount since acquisition (e) The tax rate is 30%. Required a) Complete the schedule of Non-Controlling Interest provided as at 30 June 2016 b) Complete the consolidation worksheet provided as at 30 June 2016 c) Complete the financial statement extracts provided as at 30 June 2016