Unicorn Ltd acquired 80% of the issued shares of Pegasus Ltd for $685,700
on 1 July 2020. The financial statements of Pegasus Ltd showed the following items of equity:
	Share capital			$565,500
	Retained earnings			$247,400
At acquisition date all the identificable assets and liabilities of Pegasus Ltd were recorded at
amounts equal to fair value except for the following:
			Carrying amount	Fair value
	Land		$395,900	$424,100
During the year end 30 June 2021, Pegasus Ltd recorded at profit of $84,800.
The tax rate is 30%.
Required:
Show the acquisition analysis as at 1 July 2020 and prepare the consolidated worksheet
entries at 30 June 2021 for Unicorn Ltd assuming that it adopts the partial goodwill method.