Topic: Consolidated worksheet, consolidated financial statements. Task Details: Consolidation worksheet entries, consolidated financial statements. Jonathan Ltd acquired all the issued shares (ex-div.) of Thomas Ltd on 1 July 2020 for $246000. At this date the equity of Thomas Ltd consisted of: At the acquisition date all the identifiable assets and liabilities of Thomas Ltd consisted of: The inventories were all sold by 30 June 2020 . The land was sold on 1 February 2021 for $150000. The plant was considered to have a further 5-year life. The plant was sold for $155000 on 1 January 2022. Also, at acquisition date Thomas Ltd had recorded a dividend payabie of $7000 and goodwill (net of accumulated impairment losses of $13000) of $5000. Thomas Ltd had not recorded some internally generated brands that Jonathan Lid considered to have a fair value of $12000. The brand was considered to have an indefinite life. Also, not recorded by Thomas Lid was a contingent liability relating to a current court case in which Thomas Ltd was involved and a supplier was seeking compensation. Jonathan Ltd placed a fair value of $15000 on this liability. This court case was settled in May 2022 at which time Thomas Lid was required to pay damages of $16000. In February 2021. Thomas Ltd transferred $20000 from the general reserve on hand at 1 July 2020 to retained earnings. A further $15000 was transferred in February 2022. Both companies have an equity account entitled 'Other components of equity' to which certain gains and losses from financial assets are taken. At 1 July 2021, the balances of these accounts were $30000 (Jonathan Lid) and $15000 (Thomas Ltd). The financial statements of the two companies on 30 June 2022 contained the following information: Complete the consolidated worksheet Prepare the consolidated financial statements at 30 June 2022