EXERCISE $1$: ACCOUNTING BY AN ACQUIREROn $1$ July $2024,$ Samaria Ltd acquired the following assets and liabilities from Natia Ltd$.$Carrying amountFair valueLand$$600000$$$750000$Plant $($cost $$800000)560000600000$Inventories$160000190000$Cash$5000050000$Accounts payableLoans$(40000)(40000)(200000)(200000)$asechange $2029$o so ars hailies, Samaria Lid sued $200000$ shares for $83\mathrm{.}50$ per share with a fairRe urepePrepare the journal entries in the records of Samaria Ltd to account for the acquisition of the assets and liabilities of Natia Ltd$.$