A Ltd acquired all the assets and liabilities of B Ltd on 1 July 2021. At this date, the assets and liabilities of B Ltd consisted of: Carrying AmountFair valueCash300,000300,000Inventory90,000105,000Land384,000434,000Plant204,000304,000Accounts payable36,00036,000Loans84,00084,000Share capital(100000 Shares)738,000Retained earnings120,000 In exchange for these net assets, A Ltd agreed to: 1- issue 4 A Ltd shares for each B Ltd share with a price of $3 per share; costs of share issue were $7002- transfer a patent to the former shareholders of B Ltd. the patent was carried in the records of ALtd at $150000 but was considered to have a fair value of $195000 A Ltd incurred $3500 in costs associated with the acquisition of these net assets. Required: 1- Prepare an acquisition analysis in relation to this acquisition. 2- Prepare the journal entries in A Ltd to record the acquisition at 1 July 2021.