Becca Ltd is a major Australian manufacturer of womens clothing. Becca Ltd acquired on 1 July 2016 all the issued shares (cum div.) of Marcus Ltd, a competitor, for $350 000. At this date, the equity of Marcus Ltd was as follows.

Share Capital $200 000

General Reserve $20 000

Retained Earnings $50 000

All the identifiable assets and liabilities of Marcus Ltd were recorded at amounts equal to their fair values except for the following:

	Carrying Amount	Fair Value
Plant (cost $220 000)	$180 000	$186 000
Land	190 000	210 000
Inventories	20 000	28 000

At 1 July 2016, Marcus Ltd had recorded a dividend payable of $8 000 that was paid in September 2016.

Marcus Ltd also had some unrecorded assets, in particular the brands relating to the clothing sold in the teenage market. Becca Ltd valued these brands at $14 000 and assessed them to have an indefinite life.

In the notes to its financial statements at 30 June 2016, Marcus Ltd disclosed a contingent liability relating to a guarantee it had made to one of its related companies. Becca Ltd assessed the fair value of the guarantee payable as being $8 500.

The plants expected remaining useful life was 5 years with benefits being expected evenly over that period. The plant was sold on 1 January 2019 for $187 000.

The land was sold in February 2017 for $250 000.

The inventory was sold by 30 June 2017.

In August 2018, Marcus Ltd was required to pay $3000 in relation to the guarantee.

The tax rate is 30%.

Required

1. Prepare the acquisition analysis at 1 July 2016.
2. Prepare the consolidation worksheet entries (BCVR and pre-acquisition) for Becca Lt group at 30 June 2019.