L Ltd acquired 90% of the share capital of B Ltd on 1 July 2016 for a cost of $500 000.The management of L Ltd values any non-controlling interest at the proportionate share ofB Ltd's identifiable net assets (i.e. partial goodwill method). The following information isrelevant to the post-acquisition period, the year ended 30 June 2017: B Ltd had a profit after tax of $70 000 for the year ended 30 June 2017. During the financial year to 30 June 2017 B Ltd sold inventory to L Ltd for a price of $60000. The inventory cost B Ltd $30 000 to produce, and 25% of this inventory was still onhand with L Ltd as at 30 June 2017. During the financial year to 30 June 2017 B Ltd paid $10 000 in management fees toL Ltd. On 1 July 2016 B Ltd sold an item of plant to L Ltd for $40 000 when it had a carryingamount of $30 000 (cost of $50 000, accumulated depreciation of $20 000). At the dateof sale it was expected that the plant had a remaining useful life of 4 years, and noresidual value. The tax rate is 30%. Required: Following AASB10, prepare the consolidation journal entries for the L Ltd economic entity at30 June 2017 that are necessary in respect to intra-group transactions and based on thepost-acquisition information provided above, calculate the non-controlling interests with journalin the 30 June 2017 profits