In July 2021. Agnes Ltd, acquired all shares of Sampson Ltd. for $450,000. On this date, Sampton reported the following balances Share capital $250,000 Retained earnings $100,000 General Reserve $50,000 Since the acquisition date, the consolidated financial statements include a goodwill of $50,000 as all assets and liabilities were recorded at fair value. On 30 June 2022. Agnes Ltd. noticed that the goodwill was impaired by $20,000. The management of Agnes decided to record an impairment loss and a deferred tax asset in the books of Agnes The income tax rate is 30% Note: You must show your workings for any calculation you do. Question 11 5 pts Given this scenario, provide your suggestions of the required adjustment(s) for the consolidated financial statements on 30 June 2022 including the impact on tax. 5 Explain the reasons for your suggestions in Question 11