On acquisition date, a contingent liability relating to an unsettled legal claim with a fair value of $$50000$ wasrecorded in the notes to the subsidiary's financial statements. The parent company must then recognise theliability in its consolidated financial statements at fair value. The company tax rate is $30\%.$ In the yearfollowing the acquisition, the subsidiary loses the court case and pays damages of an amount equal to orgreater than $$50000,$ say $$80000,$ then the consolidation worksheet journal entry is$.$