(a) Uhura Ltd acquired all the share capital of McCoy Ltd on 1 Jan 20X8. At that time, the fair values of McCoy Ltd's net assets were as follows: The share capital of McCoy Ltd consisted of 100,000 ordinary shares issued for $1 and fully paid. The cost of acquisition under the takeover scheme consisted of 80c cash plus one share in Uhura for every one share in McCoy. On 1 January 20X8 Uhura shares were trading at $1.30 on the ASX. McCoy shares had been trading at $1.40. REQUIRED: Calculate amount of goodwill/bargain (if any) for the acquisition (2 marks). Prepare journal entries for the acquisition of the shares in the books of Uhura Ltd (4 marks)