1. Unity Limited acquired 100% of the share capital of Bellvista Limited. Bellvista had issued share capital of $400 000. The book values of Bellvista Limiteds assets were: buildings $200 000, machinery $210 000. The fair values of these assets were: buildings $270 000, machinery $250 000. The tax rate is 30%. The fair value of the identifiable net assets is:

a. $477 000.

b. $410 000.

c. $520 000.

d. $364 000