Principles of consolidation: Sun Ltd purchased all the issued shares of Winter Lid for $600,000. At the time of acquisition, the balance sheet of Winter Ltd included goodwill of $20,000. Winter Lid has adopted the Revaluation model (AASB116) to measure its assets. Having prepared the acquisition analysis, the group accountant has asked for your advice on the following issues: (a) As Winter Ltd is using the Revaluation model (AASB116), all assets of the subsidiary will be measured at fair value on acquisition date and there will not be any fair value (BCVR) adjusting entries required in the consolidation worksheet. Do you agree? Include examples in your answer. (7 marks) (b) Using the information above, explain the entries required to record the goodwill on acquisition of $17,000. (2 marks) (c) Explain why Winter Ltd's recorded goodwill is deducted twice in preparing an acquisition analysis. (4 marks) Required: Provide advice on the above issues and explain any relevant consolidation entries in your