On 1 July 2016, A Ltd acquired 100% of the issued shares of B Ltd for $265 000. At this date, the equity of B Ltd was: Share capital General reserve Retained earnings $ 100 000 40 000 50 000 All the identifiable assets and liabilities of B Ltd were recorded at amounts equal to their fair values except for: Carrying amount Fair value Plant (cost $60 000) $40 000 $50 000 Land 12 000 16 000 The plant was considered to have a further 2-year life with benefits to be received equally in each of those years. The tax rate is 30%. Required: Prepare Acquisition Analysis on 1 July 2016