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Please can I have help with acquisition analysis: Chief Ltd acquired: 100% of the issued shares of Sub Ltd for: $2,460,000 At the date of

Please can I have help with acquisition analysis: Chief Ltd acquired: 100% of the issued shares of Sub Ltd for: $2,460,000 At the date of acquisition, the shareholders equity of Sub Ltd consisted of: Share capital $1,107,000 General Reserve $276,800 Retained earning $207,540 Total Equity $1,591,340 Acqusition Information Ownership 100% Acquirer: Chief Ltd Acquiree: Sub Ltd Acqusition Date: 1/07/2017 Consolidation Date: 30/06/2020 Years since acqusition 3 Tax Rate 30% Consolidation Date Information Share Capital of Sub Ltd on Date of Acquisition $1,107,000 Revaluation Reserve of Sub Ltd on Date of Acquisition $0 General Reserve of Sub Ltd on Date of Acquisition $276,800 Retained Earnings of Sub Ltd on Date of Acquisition $207,540 Dividend Declared by Sub Ltd $123,000 Dividend Paid by Sub Ltd $92,200 Total goodwill written off for prior years $478,000

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