2. Boxer Ltd considered the takeover of Tyson Ltd. Both companies operated in the mining industry, but Tyson Ltd had access to some infrastructure assets that would be useful to the operations of Boxer Ltd. After due consideration including an in-depth financial analysis of the project, on 1 January 2020, Boxer Ltd made an offer to the shareholders of Tyson Ltd: a. Boxer Ltd would pay two fully paid ordinary shares in Boxer Ltd plus $3.20 cash for every preference share in Tyson Ltd, payable at acquisition date. b. Boxer Ltd would pay three fully paid ordinary shares in Boxer Ltd plus $1.50 in cash for every ordinary share in Tyson Ltd. Half the cash is payable at acquisition, and the other half is payable in one year's time. The shareholders of Tyson Ltd took financial advice and the majority decided that this was a worthwhile offer. Of the ordinary shareholders, 90% accepted the offer while of the preference shareholders; all of them accepted the offer. At 30 March 2020, the share capital of Tyson Ltd consisted of 100 000 fully paid ordinary shares at $2 per share, while the preference share capital consisted of 50 000, 5% preference shares issued at $2 per share. The contract was agreed to on 1 April 2020. At that date, the fair value of each Boxer Ltd share, based on recent market transactions, was $3.80. Boxer Ltd.'s borrowing rate on current debt was 8% p.a. The cost of issuing the ordinary shares in Boxer Ltd was $1500 for the shares issued to the former Tyson Ltd preference shareholders and $2400 for the shares issued to the former ordinary shareholders in Tyson Ltd. REQUIRED: Prepare the acquisition analysis in Boxer Ltd to record the acquisition of the shares of Tyson Ltd at 1 April 2020 and the deferred payment on 1 April 2021