Question 15 spina On 1 July 2021, Zink Ltd paid 560,000 for 80% of the shares of Hinkus. At the date of acquisition inkuid had equity as follows: Share capital $200,000 Retained earnings 5150,000 Other reserves $50,000 All of Hink Lid's identifiable assets and liabilities were recorded at for value except for the following items Inventory where the fair value was $30,000 more than its cost. Land - where the fair value was 550.000 more than its carrying amount The income tax rate is on The fair value of identifiable net assets acquired by Zink Ltd amounted to 5256,000 05364,800 O $179.200 O: $456,000