I'm stuck on question 1 & 3 - I think I have question 1 down but I'm confused about 3. Please help

CONSOLIDATIONS AND INTER-COMPANY TRANSACTIONS. The financial information for Moon Ltd and its 100% owned subsidiary, Light Ltd, for the period ended 31 December 2022 is as follows: p2 1 / 7/ 2022 - 30/6/ 2 Moon Ltd Light Ltd Sales revenue $ 60 000 $ 57 000 Dividend revenue 3 000 Gain on sale of property, plant and equipment 3 000 5 000 Other income 4 000 6 000 Total income 70-000 68 000 Cost of sales 45 000 38 000 Other expenses 7 000 4 000 Total expenses 52 000 42 000 Profit before income tax 18 000 26 000 Income tax expense 5 800 create 6 100 Profit for the period 12 200 19 900 Retained earnings (1/1/22) 14 000 9 000 26 200 28 900 Interim dividend paid 7000 )check 3 000 Retained earnings (31/12/22) 19 200 25 900 7/7/21 - 30/6 / 22 Moon Ltd acquired its shares in Light Ltd at 1 January 2022 for $45 000 on a cum div. basis. At that date, Light Ltd recorded share capital of $30 000. Light Ltd had declared prior to the acquisition a dividend of $5000 that was paid in April 2022. Moon gets it At 1 January 2022, all identifiable assets and liabilities of Light Ltd were recorded at fair value except for inventories, for which the carrying amount was $700 less than fair- value. There was a fall in sales due to some negative google reviews and hence, 10% of inventories was still on hand at 31 December 2022. Inventories on hand in Light Lid at 31 December 2022 also includes some items acquired from Moon Ltd during the period ended 31 December 2022. These were sold by Moon Ltd for $12 000, at a profit before tax of $4000.| nes = 4,000 X 10% = 400 ( see PP ) (Dec )