On $1$ July $2016,$ Apple Ltd acquired all the issued shares of Pie Ltd for $$200000.$ At this date the equity of Jeff Ltd consisted of share capital of $$80000$ and retained earnings of $$68800.$ All the identifiable assets and liabilities of Jeff Ltd were recorded at amounts equal to fair value except for:

Carrying amount Fair value

Patent $$60000$ $$72000$

Plant $($net of $$40000$ depreciation$)4000048000$

Inventory $2160028000$

Required

Prepare the consolidation adjustments entries at $30$ June $2017.$