StarEn Larforet Lid 131 Log Accumulated depreciation - Plant Other Depreciable susets Land INwiderd moodyable 1724 000 Spider Lod had acquired 80%% shareholding In Lorikeet Lid on 1 January 2011 for $13 of Larose Lid coralspeed of. Share capital (Loo Oud shares) Goreral IuTe At the acquisition date, all the Identifiable assets and Babilities of Lorlose Lid wcer the following rescue Carrying amount Plart [cost $75 (00] Lard 38 030 The plant has an expected Me of 10 years, with benefits being received evenly over betwicen carrying amounts and fair values are adjusted on consolidation. The land on was sold on 1 August 2011 for $40 000. Solder Lid uses the fall goodwill method. Th controlling Inerest at 1 January 2011 was $31 500. Tax rate $ 30%. Addicional information on the intra-group tran actions! (a] Invemory on hand of Lorikeet Lod a: 1 January 2013 Included a quantity priced sold to Lorikeet Lid by its parent. This Inventory had cost Spider Lod $7500. It Lid during the year. (b) In 2013, Lorikeet Lid sold inventory in Spider Lod for $60 000 and Lorikeet Led on these tramacion At 31 Dec 2013, the Invemovies were still on hand. [c) It was also leamed that Lorikeet Ladd had sold in Spider Lod an hem from Its Inv July 2012. Solder Lod had created this loom as an addition to his plant and mach inco service as soon as received by Spider Lid and depreciation charged at 2016 basis. The Dorm had been fully imported by Lorikeet Led at a landed cost of $15 0