Jimmy Ltd acquired all the issued shares ) of Nu Ltd on 1 July 2019 for $110 000. At this date Jimmy Ltd recorded a dividend payable of $10 000 and equity of:

Share capital	$54 000
Retained earnings	36 000
Asset revaluation surplus	18 000

All the identifiable assets and liabilities of Nu Ltd were recorded at amounts equal to their fair values at acquisition date except for:

	Carrying amount	Fair value
Inventories	14 000	16 000
Machinery (cost $100 000)	92 500	94 000

The machinery was considered to have a further 5-year life. Of the inventory, 90% was sold by 30 June 2020. The remainder was sold by 30 June 2021.

Both Jimmy Ltd and Nu Ltd use the valuation method to measure the land. At 1 July 2019, the balance of Jimmy Ltds asset revaluation surplus was $13 500.

In May 2020, Nu Ltd transferred $3 000 from the retained earnings at 1 July 2019 to a general reserve.

The tax rate is 30%.

The following information was provided by the two companies at 30 June 2020.

	Jimmy Ltd	Nu Ltd
Profit before tax	$ 120 000	$ 12 500
Income tax expense	(56 000)	(4 200)
Profit for the year	64 000	8 300
Retained earnings (1/7/19)	80 000	36 000
	144 000	44 300
Transfer to general reserve	(0)	(3 000)
Retained earnings (30/6/20)	$144 000	$41 300
Share Capital	$360 000	$54 000
Retained earnings	144 000	41 300
General reserve	10 000	3 000
Asset revaluation reserve	18 500	20 000
Liabilities	42 500	13 000
	$575 000	$131 300
Land	$160 000	$20 000
Plant & Machinery	360 000	125 600
Accumulated depreciation Plant & machinery	(110 000)	(33 000)
Inventories	55 000	18 700
Shares in Nu Ltd	110 000	0
	$575 000	$131 300

please help me fill up the table

Consolidation Worksheet at 30 June 2020 Jimmy Ltd Jimmy Ltd Nu Ltd Adjustments Dr Cr Group Profit before tax Income tax expense Profit Retained earnings (1/7/19) Transfer from BCVR 120 000 (56 000) 64 000 80 000 12 500 (4200) 8 300 36 000 Transfer to general reserve Retained earnings (30/6/20) Share capital BCVR General reserve 144 000 (0) 144 000 360 000 44 300 (3 000) 41 300 54 000 10 000 514 000 13 500 3 000 98 300 18 000 Asset revaluation surplus (1/7/19) Gains Asset revaluation surplus (30/6/20) 5 000 18 500 2 000 20 000 Liabilities 532 500 42 500 575 000 118 300 13 000 131 300 Land Plant & machinery Accum depreciation Inventory Shares in Nu Ltd 160 000 360 000 (110 000) 55 000 110 000 575 000 20 000 125 600 (33 000) 18 700 0 131 300