Question Six (13 marks) Everest Ltd acquires 90 percent (90%) of Rocky Ltd for a cash price of $8 000 000. At that time, the share capital and reserves of Rocky Ltd were: Share capital Retained earnings Total Equity $4 000 000 $2 000 000 $6 000 000 According to AASB 3 Everest Ltd measured any non-controlling interest in the acquiree at fair value. REQUIRED a) Calculate the amount to be shown in the consolidated statement of financial position for goodwill. You may develop a table to show your calculation of goodwill at the acquisition date. Show the calculation. (10 marks) b) What is an intragroup transaction, and do the effects of intragroup transactions have to be eliminated in full