Needed only answer of a and b.

Bruno Ltd acquired all the issued shares (cum div.) of Mars Ltd on 1 July 2020 for $540,900. At this date Mars Ltd had recorded a dividend payable of $25 000 and Bruno Ltd recorded a dividend payable of $10,000. Equity of Mars Ltd is as follows: Equity as at 1 July 2020 Share capital Retained earnings General reserve $ 250 000 60 000 4000 All the identifiable assets and liabilities of Mars Ltd were recorded at amounts equal to their fair values at acquisition date except for: Asset Fair Value ($) Carrying Amount ($) 58 000 70 000 Inventories Motor vehicle (cost $130 000) 62 000 140 000 Additional information: At acquisition date, Mars Ltd has an unrecorded patent with a fair value of $28,000. The patent has an indefinite life and is tested for impairment annually. An impairment loss of $6,000 has been incurred for the year ended 30 June 2021. The plant has a further 7-year life. a The plant has a further 7-year life. All inventory on hand at acquisition date was sold by 30 June 2021. - The company tax rate is 30%. Financial results are provided for both individual companies on the attached worksheet. uired: (a) Prepare the acquisition analysis at 1 July 2020. (10 marks) b) Prepare the consolidation entries at acquisition date, 30 June 2021. Include narrations for each entry. (13 marks) (c) Prepare the consolidation worksheet as at 30 June 2021. Enter zeros not dashes for any amounts which to not have a balance in the Group column. (43 marks) (d) Prepare a statement of Changes in Owners' Equity as at 30 June 2021, for the reporting Group, Bruno Ltd. (9 marks) Bruno Ltd acquired all the issued shares (cum div.) of Mars Ltd on 1 July 2020 for $540,900. At this date Mars Ltd had recorded a dividend payable of $25 000 and Bruno Ltd recorded a dividend payable of $10,000. Equity of Mars Ltd is as follows: Equity as at 1 July 2020 Share capital Retained earnings General reserve $ 250 000 60 000 4000 All the identifiable assets and liabilities of Mars Ltd were recorded at amounts equal to their fair values at acquisition date except for: Asset Fair Value ($) Carrying Amount ($) 58 000 70 000 Inventories Motor vehicle (cost $130 000) 62 000 140 000 Additional information: At acquisition date, Mars Ltd has an unrecorded patent with a fair value of $28,000. The patent has an indefinite life and is tested for impairment annually. An impairment loss of $6,000 has been incurred for the year ended 30 June 2021. The plant has a further 7-year life. a The plant has a further 7-year life. All inventory on hand at acquisition date was sold by 30 June 2021. - The company tax rate is 30%. Financial results are provided for both individual companies on the attached worksheet. uired: (a) Prepare the acquisition analysis at 1 July 2020. (10 marks) b) Prepare the consolidation entries at acquisition date, 30 June 2021. Include narrations for each entry. (13 marks) (c) Prepare the consolidation worksheet as at 30 June 2021. Enter zeros not dashes for any amounts which to not have a balance in the Group column. (43 marks) (d) Prepare a statement of Changes in Owners' Equity as at 30 June 2021, for the reporting Group, Bruno Ltd. (9 marks)