How should the question be answered appropriately? Thank you very much. This is corporate accounting system's.

Question 2 Orange Ltd acquired 100% of the share equity of Apple Ltd at 30 June 2015. The group calculates depreciation on a monthly basis and the tax rate is 30%. The following events relate to the financial year ended 30 June 2018: 1. During the year Orange Ltd made sales of inventory to Apple Lid of $120,000 while Apple Ltd sold $100,000 in inventory to Orange Ltd. 2. The closing inventory in Orange Ltd includes inventory acquired from Apple Ltd at a cost of $69,200. This cost Apple Ltd $54,000 to produce. The closing inventory of Apple Ltd includes inventory acquired from Orange Led at a cost of $24,000. This cost Orange Ltd $19,200 to produce. 3. The opening inventory in Orange Ltd as at 1 July 2017 included inventory acquired from Apple Ltd for $86,000 that had cost Apple Ltd $72,000 to produce. 4. The management of Orange Ltd believes that goodwill recognised on acquisition was impaired by $5,000 in the current financial year. Previous impairments of goodwill amounted to $10,000. 5. On 1 July 2017 Orange Ltd sold an item of plant to Apple Lid for $98,000 when its carrying value in Orange Ltd's accounts was $80,000 (cost $120,000 and accumulated depreciation $40,000). This plant is assessed as having a remaining useful life of six years from the date of sale. 6. Apple Ltd paid $20,000 in management fees to Orange Ltd. The balances on the Management Fees Payable in Apple Ltd's accounts were $3,000 at 1 July 2017 and $6,000 at 30 June 2018. Required: Prepare the consolidation elimination/adjusting journal entries for the above events at 30 June 2018. (Number your journal entries as they relate to the point numbers 1 to 6 for each "event" as given in the information above. Where more than one journal entry is needed for an event to be completely accounted for add the letters a,b,c,...etc to them as necessary. Narrations are required) UI