The MAMMA Ldt owns $1,600$ of the $2,000$ outstanding shares issued by BAMBINA Inco. The investment is recorded on the parent company's balance sheet at a value of $$104,000.$ The shares of BAMBINA Inco are traded on the market at an average price of $68$ per share The following summary data at acquisition date is known for the two companies.

On the basis of this information, determine the structure of the synthetic balance sheet of the group at acquisition date, highlighting the value of the assets, liabilities and net equity. Clearly the more detailed the answer the higher the mark awarded.

In addition, provide, again in summary form, the consolidation entries that must be made to produce that result. Please note: consolidation journal entries are required.