On 1 July 2021, Stone Ltd acquired 80% of the issued shares of Rainbow Park Ltd for $165000. At this date, the equity of Rainbow Park Ltd was as follows.

Share capital	$100 000
General reserve	40 000
Retained earnings	50 000

At the acquisition date, all the identifiable assets and liabilities of Rainbow Park Ltd were recorded at amounts equal to fair value. At 30 June 2023, the equity of Rainbow Park Ltd consisted of:

Share capital	$100 000
General reserve	50 000
Retained earnings	80 000

A transfer from pre-acquisition retained earnings to the general reserve of $10 000 was made during the year ended 30 June 2023. During the year ended 30 June 2023, Rainbow Park Ltd recorded a profit of $15000. No dividend was declared and paid by Rainbow Park Ltd. $10 000 cash dividend was declared and paid by Stone Ltd.

Prepare the acquisition analysis and the consolidated worksheetjournal entries on 30 June 2023for Stone Ltd. Stone Ltd adopts the partial goodwill method (Narrations are required).