Additional Information 1. On 1 Jan 2017 White Ltd sold inventory to Black Ltd costing $30,000 for $50,000. Half of this inventory was sold to outside parties for $28,000 by 30/6/2017. 2. On 1 Jan 2016 White Ltd sold inventory costing $2000 to Black Ltd for $4000. Black Ltd treats the item as equipment and depreciates it at 5% per annum. 3. In the period ended 30 June 2015 Black Ltd sold land to White Ltd for $40,000, which was $20,000 above cost. The land was still on hand at 30 June 2017. 4. At 1 July 2016 White Ltd held inventory that it had purchased from Black Ltd on 1 June 2016 at a profit of $6000. 5. Black Ltd accrues dividends from White Ltd once they are declared. 6. Black Ltd has earned $500 in interest revenue in the 2017 financial year from White Ltd. 7. Black Ltd has earned $2000 in service revenue in the 2017 financial year from White Ltd. 8. Assume a tax rate of 30%. Reguired: A. Prepare the acquisition analysis at 1 July 2013