Preparation of worksheet subsequent to acquisition, no fair value/carrying amount differences at acquisition date. On 1 July 2018, Nick Ltd acquired all the issued shares (ex div.) of Bear Ltd. At this date the financial statements of Bear Ltd showed the following balances in its accounts: Share capital 150000 Retained earnings 80000 General reserve 40000 Dividend payable 15000 Goodwill 10000 At 1 July 2018, all the identifiable assets and liabilities of Bear Ltd were recorded at amounts equal to their fair values. The financial statements of Nick Ltd and Bear Ltd at 30 June 2019 contained the following information: Nick Ltd Bear Ltd Profit for the period 35 000 25 000 Retained earnings (1/7/18) 90 000 80 000 Transfer from general reserve 0 10 000 Retained earnings (30/6/19) 125 000 115 000 Share capital 700 000 150 000 General reserve 92 000 30 000 Total Equity 971 000 295 000 Provisions 30 000 20 000 Payables 15 000 25 000 Loans 55 000 110 000 Total Equity & Liabilities 1 017 000 450 000 Plant 600 000 820 000 Accum. Depreciation (295 000) (650 000) Fixtures 300 000 120 000 Accum. Depreciation (180 000) (80 000) Land 200 000 140 000 Brands 50 000 30 000 Shares in Bear Ltd 277 000 0 Inventory 45 000 40 000 Cash 5 000 7 000 Receivables 15 000 13 000 Goodwill 0 10 000 Total Assets 1 017 000 450 000 Required Prepare the consolidation journal entries and the consolidation worksheet.