On 1 July 2016, Jackson Ltd acquired all the issued shares (cum div.) of Laurie Ltd for $240 000. At that date, the financial statements of Laurie Ltd showed the following information: Share capital General reserve Retained earnings Dividend payable $100 000 50 000 70 000 20 000 All the assets and liabilities of Jackson Ltd were recorded at amounts equal to their fair values at the acquisition date. The dividend payable reported at 1 July 2016 by Laurie Ltd was paid on 15 August 2016. Laurie Ltd paid a further dividend of $25 000 on 2 February 2017 from post-acquisition profits. Required 1. Prepare the acquisition analysis at 1 July 2016. 2. Prepare the consolidation worksheet entries for Jackson Ltd's group at 1 July 2016. 3. Prepare the consolidation worksheet entries for Jackson Ltd's group at 30 June 2017. 4. How would the entries for 2 and 3 above change if the shares were bought on an ex div. basis?