A Ltd acquires all the assets and liabilities of B Ltd on 1 July 2013 for an agreed consideration of $600,000. At this date the assets and liabilities reported in the Balance Sheet of B Ltd were as follows: Accounts Receivable 60,000 Less provision for Doubtful Debts 8,000 Land (at re-valued amount) 250,000 Buildings (at cost) 340,000 Accumulated Depreciation on Buildings 115,000 Equipment (at cost) 76,000 Accumulated Depreciation on Equipment 7,000 Goodwill 110,000 Accounts Payable 74.000 Mortgage on Land and Buildings 150,000 Provision for Long Service Leave 23,000 In addition, B Ltd has disclosed a contingent liability estimated at $20.000 for a legal dispute. Additional Information: Fair values for the assets taken over at the date of acquisition were as follows: Accounts Receivable 45,000 Land 240,000 Buildings 300,000 Equipment 58,000 The liabilities of B Ltd were taken over by A Ltd, except for the Provision for Long Service Leave. At the date of acquisition. B Ltd settled all outstanding claims of its employees, and A Ltd did not engage the former employees of B Ltd, as A Ltd provided its own workforce. Required: Show the relevant Assets and Liabilities reported by A Ltd after its acquisition of the undertakings of B Ltd. Show your workings clearly