Joey Consolidated Entity $'000 5,430 601 3,684 664 ? ? 25 245 412 188 Consolidation worksheet for financial year ended 30 June 2021 Chandler Adjustments Ltd Ltd Debit Ref Credit $'000 $'000 $'000 $'000 Sales revenue 4,360 1,570 500 f Less cost of goods sold Opening inventories 375 256 i 30 Add purchases 3,080 1,104 f 500 Less closing inventories 425 279 40 g Cost of goods sold 3.030 1,081 Gross profit 1,330 489 Dividend revenue 70 0 70 Management fee revenue 0 25 d Interest revenue 0 15 15 Depreciation expense 187 20 Finance costs 105 98 e 15 Other expenses 325 79 20 c/d 25 Profit before tax 750 140 Tax expense 265 45 15.00 i/g/1 12.00 Profit after tax for the year 485 95 Retained earnings 1 July 849 394 233 b/i/ 64 2020 Dividends paid (53) (28) 28 Dividends declared (107) (42) J 42 Retained earnings 30 June 1,174 2021 Issued capital 750 400 400 b Revaluation surplus 190 0 Fair value adjustment 84 b/a 84 Shareholders' equity 2,114 819 Assets Cash 190 170 Accounts receivable 173 109 h 40 Dividends receivable 42 0 k 42 Inventories 425 279 9 40 Investment in Chandler 640 0 b 640 Ltd Loan to Joey Ltd 0 250 e 250 399 ? 313 ? 1,074 (53) (107) 1,411 419 750 190 ? 360 242 664 190 170 360 242 h k 40 42 173 42 425 640 109 0 279 0 664 g b 40 640 250 e 250 120 a 0 1,099 1,440 (475) 450 968 (525) 1,669 2,408 (1,000) 1 Assets Cash Accounts receivable Dividends receivable Inventories Investment in Chandler Ltd Loan to Joey Ltd Land Buildings Accumulated depreciation Plant and equipment Accumulated depreciation Goodwill (net) Deferred tax asset Total assets Less liabilities Current taxes payable Accounts payable Dividend payable Loan from Chandler Ltd Mortgage loan Deferred tax liabilities Net assets 1,025 (275) 690 (290) 10 60 1,725 (595) 1 90 b/c 16 36 36.00 20 18.00 g/ 35 4,319 25 2,126 78 5,567 111 87 198 50 40 302 292 107 h k 42 107 250 e 250 1,255 190 42 0 1,100 28 819 2,355 254 a 36 2,114 1,996.00 1,996.00 ? How much consolidated Shareholders' Equity has the group reported for the year ended 30 June 2021? a. $2,351,000 b.$5,567,000 C. $4,822,000 d. $2,218,000