On $1$ July $20$X$2$ Megan Ltd purchased an $80\%$ controlling interest in Chris Ltd for a consideration of $$350000.$ On that date, the pre$-$control equity of Chris consisted of:

The extract of financial information for the two entities, for the year ended $30$ June $204,$ is provided below:

Additional information:

The partial goodwill method is used and during $204$ the consolidation goodwill was impaired by $$5000.$

During May $20$X$3$ Chris sold inventory to Megan at $$40000.$ The inventory originally cost Chris $$25000.$ All of this inventory was still in stock as at $30$ June $204.$

value of zero. Megan depreciated the equipment using the straight$-$line depreciation method. Chris depreciates the equipment also using the straight$-$line depreciation method.

Megan provided $$7000$ worth of computing services to Chris during $20$X$4.$ Chris paid for the services before the year$-$end.

Required:

b$)$ Calculate the $NCl$ allocation for the following items of Chris for the year ended $30$ June $204.$ Show workings.