Question One On 30 June 2022 Dark Horse (DH) Ltd acquired 100 per cent of the shares in White Horse (WH) Ltd for a cost of $600 000. The account balances of the two entities at the date of acquisition were: DH Ltd($000) WH Ltd($000) Cash Accounts receivable Inventory Property, plant and equipment Accumulated depreciation Land Investment in WH Ltd Accounts payable Loans Share capital Retained earnings 200 260 400 800 (240) 600 1000 220 400 1800 600 100 180 220 450 (180) 200 70 190 460 250 Additional information . All assets of WH Ltd were fairly valued at acquisition except the land, which had a fair value of $280 000. The tax rate is 30 per cent. Required Prepare the consolidation journal entries, consolidation worksheet and consolidated statement of financial position for the above entities