Note: This is the full question.

Senior Ltd owns 100% of the issued shares of Junior Ltd. The following financial position of Senior ltd and its subsidiary Junior ltd have been extracted at 30 June 2016:

	Senior Ltd ($ million)	Junior Ltd ($ million)
Shareholders equity
Retained earnings	152.8	115.78
Share capital	164.06	93.75
Current liabilities
Accounts payable		21.7
Tax payable	37.5	11.72
Non-current liabilities
Loans	88.5	54.38
	442.86	297.33
Current assets
Accounts receivable	27.84	29.2
Inventory	43.02	13.59
Non-current assets
Land and buildings	74.5	152.8
Plant at cost	150	166.78
Accumulated depreciation	(40)	(65.04)
Investment in Junior Ltd	187.5
	442.86	297.33

On 1 July 2015, Senior Ltd sold an item of plant to Junior Ltd for 1.35 million. This plant carrying value in Senior Ltds accounts was $1.0125 million (cost $1.6875 million and accumulated depreciation $0.675 million). The remaining useful life of the plant is assessed as 12 years and the tax rate is 33%.

Required:

Provide the consolidation journal entries for 30 June 2016 and 30 June 2017 to adjust for the above sale.