Part A Consolidation Non-Controlling Interest (10 marks). Sunshine Ltd acquired 85% of the shares (ex div) of Rain Ltd on 1 July 2020 for $400 000. At this date, the equity of Rain Ltd consisted of: Share capital Asset Revaluation Reserve Retained earnings $ 190 000 60 000 70 000 At acquisition date all the identifiable assets and liabilities of Rain Ltd were recorded at amounts equal to fair value except the following: Carrying Amount Fair value Inventory 30 000 35 000 Patent 85 000 95 000 Equipment (cost 100 000) 80 000 90 000 Equipment was depreciated at 10% using straight line method. On 30 June 2022, the equity of Rain consisted of: Share capital $ 190 000 atent 85 000 Equipment (cost 100 000) 80 000 Equipment was depreciated at 10% using straight line method. On 30 June 2022, the equity of Rain consisted of: Share capital $ 190 000 Asset Revaluation Reserve 100 000 120 000 95 000 90 000 Retained earnings During the 2021-2022 year Rain Ltd recorded a profit of $60 000. Dividend payable $40 000 Required PART A Calculate the Acquisition Analysis assuming Sunshine uses the Partial Goodwill method. Show all workings. (10 marks)