The agreement signed by BP and IDV contain the following considerations: 1. BP is to issue 75,000 new shares to IDV. BP's shares were traded on the Australian Securities Exchange at these prices: 1 June 2024: $1.80/share 1 July 2024: $1.85/share 15 July2024: $2.08/share 2. BP is to pay a total cash consideration of $170,000, where $120,000 will be paid on the date of acquisition, and the balance to be paid a year later. The incremental borrowing rate for BP is 9%. 3. BP will transfer one of its motor vehicles to IDV. The vehicle had the following carrying amount and fair value for the following dates: Date Carrying amount Fair value $ $ 1 June 2024 35,500 41,500 1 July 2024 35,000 42,000 15 July 2024 34,500 41,000 4. Incidental to the acquisition of IDV, BP incurred acquisition-related costs of $3,690, and costs of issuing the shares of $2,980. The following table shows the assets and liabilities of IDV acquired by BP, with their carrying amount and fair value (if it is different) shown as of 1 July 2024: Carrying Amount Fair Value $ $ Land and buildings 150,000 185,000 Computer & accessories 60,000 67,500 Motor