Week 10 Fujitsu Ltd purchases inventory from DFO Ltd, a listed British company. Relevant events and the spot rates at each date are shown as follows: Date 15 March 2019 11 May 2019 Event Spot rate Order 300,000 of inventory A$1.00 = 0.37 Purchase takes place as inventory shipped to Fujitsu Ltd A$1.00 = 0.41 (FOB) End of financial year A$1.00 = 0.43 Inventory arrives at warehouse A$1.00 = 0.42 Payment of 300,000 to supplier A$1.00 = 0.39 30 June 2019 02 July 2019 14 August 2019 Required: a) Prepare appropriate journal entries for each relevant event. (7 marks) (Round amounts to the nearest dollar). Show your working. b) What is a qualifying asset? Provide two (2) examples. (3 marks, maximum 300 words)