Set out below is the summarised statement of financial position of Berlin pic at 1 January 20X0.

Required:
Prepare the statement of financial position of Berlin immediately after the acquisition if:

(a) Berlin acquired the shares for cash.

(b) Berlin issued 10,000 shares of £5 (market value £10).

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ASSETS Non-current assets Property, plant and equipment Current assets 000 250 150 Total assets EQUITY AND LIABILITIES Capital and reserves Share capital (5 shares) Retained earnings Current liabilities Total equity and liabilities 400 200 80 280 120 400