The partners of AhBa partnership wish to convert tho partnership into a limited liability company. On I January 2019, AhBa Sdn. Bhd. was incorporated with authorised capital of 600,000 ordinary shares of RMI each to purchase all the assets (except cash), and liabilities of AhBa Partnership on I January 2019. AhBa Sdn. Bhd. was to discharge the purchase price by issuing 400,000 ordinary shares. The is the Statement of Finmcial Position of AhBa Partnership as at I January 2019: Land and Building Plant and Machinery Inventories Trade Receivables Capital: Ahmad Payables 200,000 150,000 The following are the fair values of the assets taken over: Land and Building Plant and Machinery Inventories Receivables 100,000 40,000 4,000 374,000 350,000 24,000 374,000 220,000 110,000 25,000 30,000 The partners share profits and losses equally. Ahmad agreed to accept any cash remaining as part of tho amount due to him on liquidation of the firm. You are required to calculate the goodwill.