Banana Ltd acquired all of the net assets of Orange Ltd on 1 July 2020. The consideration paid totalled $350,000. On the date of acquisition, Orange Ltd had the following assets and liabilities on their balance sheet: Accounts receivable $2,500; Equipment $100,000, Buildings $100,000; Land at cost $100,000; Long-term loan payable 1 July 2020 $10,000; Accumulated depreciation - Equipment $27,500; Accumulated depreciation - Building $25,000; Revalued land on acquisition date amounted to $150,000; Share capital $200,000. Required: a) List the assets and liabilities (include totals) that will be included in the acquisition analysis and calculate goodwill. b) At the end of 2020, the CEO advised the CFO that the cash generating unit had a recoverable amount of $240,000. Prepare the general journal entry to reflect this event. Show all workings. c) Assume that the carrying amount of the net identifiable assets is $290,000. Goodwill was impaired during the first year of acquisition by $10,000 and at the end of the acquisition year, the cash generating unit had a recoverable amount of $310,000. Prepare the general journal entry to account for goodwill at the end of the acquisition year. d) Briefly explain the difference between an identifiable intangible asset and an unidentifiable intangible asset