P Ltd owns all the share capital of S Ltd. Below are some intragroup transactions that occurred during the financial year ended 30 June 2023 A.. S Ltd sold $50,000 worth of inventory to P Ltd. S Ltd recorded $10,000 profit before tax on this transaction. At 30 June 2023, P Ltd has one-quarter of these goods still on hand. (5 marks) B. S Ltd sold a warehouse to P Ltd for $100,000. This warehouse had originally cost S Ltd $82,000. The transaction took place on 1 January 2023. P Ltd charges a straight-line annual depreciation rate at 5% (9 marks) Required 1. Prepare the adjusting journal entries to eliminate the sale of inventory and its tax effect accounting for the consolidation worksheet at 30 June 2023 assuming an income tax rate of 30% and that all income of sale of assets is taxable and expenses are deductible. Narrations are not required (5 marks) 2. Prepare the adjusting journal entries to eliminate the sale of the warehouse (9 marks)