Unity Limited acquired 100% of the share capital of Bellvista Limited. Bellvista had issued share capital of $200 000. The book values of Bellvista Limiteds assets were: buildings $100 000, machinery $120 000. The fair values of these assets were: buildings $180 000, machinery $140 000. The tax rate is 30%.

The fair value of the identifiable net assets is:

Select one:

a. $220 000.

b. $270 000.

c. $320 000.

d. $200 000.