Land and buildings 4 48 652 Plant - at cas 5997 711 6 Accumulated depreciation ( 171.5 ) (277 .6 Investment in Runner It'd LE - 1891 1 268 6 Other information Blade Lid acquired its 100 per cent interest in Runner Lid for $716090 ( cum div ) on 1 July 2014 four years earlier Dividend declared and paid by Runner Led was $4 090 on 31 July 2014 . On 1 July 2014 , the capital and reserves of Runner Lid were Share capital $ 400 000 Retained earnings $250 000 $650 000 At the date of acquisition all assets were considered to be fairly valued The opening inventory in Blade Lid as at 1 July 2017 included inventory acquired from Runner Lid for $84 090 that had cost Runner Led $70 090 to produce During the year ended 30 June 2018 , Blade Itd made total sales to Runner Lid of $130 000 , while Runner Lid sold $104 000 in inventory to Blade Lid The closing inventory in Blade Itd includes inventory acquired from Runner Led at a cost of $67 200 . This cost Runner Itd $52 090 to produce The closing inventory of Runner Lid includes inventory acquired from Blade Led at a cost of $24 090 . This cost Blade Lid S19 200 to produce The management of Blade Lid believe that goodwill acquired was impaired by $5 090 in the current financial year . Previous impairments of goodwill amounted to $10 090 On 1 July 2017 Blade Lid sold an item of plant to Runner Lid for $190 090 when its carrying value in Blade Lid's accounts was $80 000 ( cost $120 000 accumulated de - preciation $40 090 ) . This plant is assessed as having a remaining useful life of six year's from the date of sale Runner Lid paid $20 090 in management fees to Blade Lid The tax rate is 30 per cent . REQUIRED a ) Prepare the consolidation worksheet entries for Blade group at 30 June 2018 . 20 marks b ) . Complete the attached consolidation workshere 10 marks