24 points Save Ans Non-controlling interest: Rio Ltd acquired 80% interest in Tinto Lid on 1 July 2020 for $280,000. At that date, Tinto Ltd's equity consisted of share capital of $170,000, general reserve of $30,000 and retained earnings of $50,000. All the identifiable net assets of Tinto Lid were recorded at amounts equal to fair value except for the following: Carrying amount ($) Fair value ($) Land 500,000 512,000 )Additional information: The tax rate is 30%. 1/Total profit reported by Tinto Lid for the year ended 2022 was $630,000. 1Rio Lid is using the partial goodwill method. 1Required: 1) Calculate goodwill using the Partial goodwill method. (5 marks) b) Prepare the consolidation worksheet entries at 30 June 2022 for Tinto Ltd group. Narrations are not required. Show your workings. (19 marks)