Kent Ltd owns all the shore capital of Loch Ltd. That is, Loch Ltd is a wholly own subsidiary of Kent Ltd. Required: In relation to the following intro-group transactions, prepare the consolidation worksheet oojusting entries for the preparation of consolidated financial statements as of 30 June 2020. All parts are independent unless specified. Assume an income tax rate of 30% and that all income on sale of assets is taxable and expenses ore deductible a. On 1 January 2020, Kent Lto sold inventory costing $10,000 to Loan Ltd at o transfer (sle) price $15.000. Loch Ltd Sola half of this inventory to an external party for $10.000 (ie., nalf of the inventory is remained with Loch Ltd of the end of the year). D. During March 2018. Loan Ltd paid a $5.500 interim dividend. c. Kent Ltd rented a spore warehouse to Loch Ltoi. The total charge for the rental was $6,000. Loch Ltd paid the whole amount to Kent Ltd during the year. a. On 1 July 2019 Kent Ltd sold an item of plant costing $15 000 to Lodh La for $18 000. PIA Ltd had not charged any depreciation on the plant before the sale. Both entities depreciate assets at 105 p.o.on COST Kent Ltd owns all the shore capital of Loch Ltd. That is, Loch Ltd is a wholly own subsidiary of Kent Ltd. Required: In relation to the following intro-group transactions, prepare the consolidation worksheet oojusting entries for the preparation of consolidated financial statements as of 30 June 2020. All parts are independent unless specified. Assume an income tax rate of 30% and that all income on sale of assets is taxable and expenses ore deductible a. On 1 January 2020, Kent Lto sold inventory costing $10,000 to Loan Ltd at o transfer (sle) price $15.000. Loch Ltd Sola half of this inventory to an external party for $10.000 (ie., nalf of the inventory is remained with Loch Ltd of the end of the year). D. During March 2018. Loan Ltd paid a $5.500 interim dividend. c. Kent Ltd rented a spore warehouse to Loch Ltoi. The total charge for the rental was $6,000. Loch Ltd paid the whole amount to Kent Ltd during the year. a. On 1 July 2019 Kent Ltd sold an item of plant costing $15 000 to Lodh La for $18 000. PIA Ltd had not charged any depreciation on the plant before the sale. Both entities depreciate assets at 105 p.o.on COST