Part B [6 marks] Super Store acquired all the issued shares (cum div) of Nite Store. The consideration amount was $240, 000. On 1 July 2020, which is the date of acquisition, the financial statements of Nite store indicate the following information below: Dividend Payable $20 000 Share Capital $100 000 Reserves $50 000 Retained Earnings $70 000 All the assets and liabilities of Nite stores were recorded at amounts equal to their fair values at that date. The dividend payable reported at 1 July 2020 by Nite store was paid on 15 August 2020. Nite store paid a $25 000 dividend on 2 February 2021. Required: Prepare the consolidation worksheet entries at 1 July 2020.