(10 marks) Question 3 a) Koby Co Ltd purchases Keys Co Ltd for the purchase consideration of: Cash Shares in Sport Co Ltd Land $150,000 50,000 shares with a market value of $1.80 per share Carrying value of $90,000 Fair value of $110,000 Koby Co Ltd incurred legal fees of $6,000 to complete the acquisition. Keys Co Ltd had the following assets and liabilities at the time of the purchase: Carrying amount Recoverable amount Fair value 100,000 50,000 20,000 150,000 80,000 Assets: Land Machinery Cash Liabilities: | Loan 250,000 90,000 105,000 T L Required: What is the value of goodwill, if any? (6 marks)