On 1 July 2016 Elsa Ltd acquired all the shares in ShowYourself Ltd for $936,000. At the date of acquisition, the financial statement of ShowYourself Ltd shows the following:

Account name	Amount
Assets:
.
Goodwill	$110,000
Owners equity:
Retained earnings	$560,000
Share capital	$720,000

At the date of acquisition, the following consolidation adjustment is required:

		Dr Goodwill $344,000
		Cr Bargain purchase $234,000
		Cr Bargain purchase $226,000
		Cr Bargain purchase $214,000