2. Close Ltd. acquired 85% of Steele Ltd. on 30th April 2017 for Tk. 37,000. Steele Ltd. retained earnings had stood at Tk. 21,000 on 1st January 2017. Steele Ltd's equity at 31st December 2017 was as follows: Particular Share Capital Retained Earnings Total Equity (Amount Tk.) 5,000 23,600 28,600 Requirements: i. ii. iii. Produce the standard workings for Steele Ltd's net assets. Calculate the amount of goodwill or gain on bargain purchase for this acquisition. Calculate Steele Ltd's retained earnings which will be included in the consolidated retained earnings