Mango Limited acquired 100% of the share capital of Grape Limited. Grape had issued share capital of $200 000. The book values of Grape Limited's assets were: buildings $100 000, machinery $120 000. The fair values of these assets were: buildings $180 000, machinery $140 000. The tax rate is 30%. The net fair value of the identifiable net assets is: Question 7 Select one: $200 000 $270 000 $300 000 $520 000