On 1 July 2023, Polly Ltd purchased 85% of the shares in Solly Ltd for $380,000. On this date, the equity of Solly Ltd consisted of: $ Issued capital 235,000 Retained earnings 37,000 General reserve 11,000 On the date of acquisition, all of the identifiable net assets of Solly Ltd were equal to their fair value except for the following assets: Carrying amount Fair value $ $ Inventory 36,000 46,000 Plant (cost $285,000) 210,000 240,000 The inventory was all sold to external parties by 30 June 2024. The plant had a remaining useful life of 6 years from 1 July 2023, an estimated residual value of nil, and is depreciated on a straight-line basis. Polly Ltd uses the partial goodwill method. Assume a tax rate of 30%. Additional Information: Solly Ltd made a profit after tax of $102,000 for the year ended 30 June 2024. Polly Ltd sold $24,000 in inventory to Solly Ltd during the year ended 30 June 2024. Polly Ltd had recorded a profit of $9,500 before tax on these transactions. On 30 June 2024, half of this inventory had been sold to external parties, and the other half is still on hand with Solly Ltd. During