On the 1st July 2021, Abrams Ltd purchased 75% of the issued shares of Constantia Ltd for $214,500. The partial goodwill method is used on consolidation. The equity of Constantia Ltd was made up as follows: Share capital Retained earnings Total equity $104,000 52,000 $156,000 At the date of acquisition all the identifiable net assets were recorded at fair value except for machinery which had a carrying value of $26,000, a fair value of $52,000 and a remaining useful life of 5 years. The following information has been extracted from the financial statements of Constantia Ltd: 30th June 2022 30th June 2023 $52,000 $62,400 Retained earnings (opening balance) Profit after tax 31,200 39,000 Dividend paid (20,800) (13,000) Retained earnings (closing balance) 62,400 88,400 Share capital 104,000 104,000 Total equity $166.400 $192.400 Required Prepare the consolidation journal entries for consolidated financial statements prepared by Constantia Ltd for: The date of acquisition, 1st July 2021, and at 30th June 2022, and at 30th June 2023.