Koala Ltd owns all of the shares of Kangaroo Ltd. In relation to the following intragroup transactions, all parts of which are independent unless specified, prepare the consolidation worksheet adjusting entries for preparation of the consolidated financial statements as at 30 June 2016. Assume an income tax rate of 30%. Show workings and tax effects. 1. In April 2016, Koala Ltd sells inventory to Kangaroo Ltd for $10 000. This inventory had previously cost Koala Ltd $8000, and it remains unsold by Kangaroo Ltd at the end of the period. (3 marks) 2. Half of the inventory in (a) is sold to Galah Ltd, an external party, for $8200 on 20 June 2016.The remainder is still unsold at the end of the period. (3 marks) 3. In May 2016, Koala sold land to Kangaroo for $16 000. The land originally cost Koala $12 ?000. (4 marks)