hi can someone show a full answer for acquisition analysis as of 1 july 2013. i am not sure if the brand with fair value of 50,000 is to be included. thanks

0n 1 July 2013 Tony Ltd acquired all of the share capital (cum divlof Claire Limited for a consideration of $600,000 cash and a brand with a fair value of $50,000. At the date of acquisition Claire's accounts showed a dividend payable of $8,000. At acquisition date all the identifiable assets and liabilities were recorded at fair value with the exception of: ASSET Book Value Market Value Inventory 10,000 14,000 Land 80,000 85,000 Plant 16,000 (less depn) [2000) 14,000 19,000 Acounts Receivable 20,000 18,000 The inventory was all sold by 30/6/14. The remaining useful life ofthe plant is 5 years. The accounts receivable were collected by 30/6/14 for $18,000. The land was sold on 30/12/16 for $90000. The plant was on hand still at 30/6/17. At the date of acquisition the equity of Claire Ltd consisted of: Share Capital 420,000 General Reserve 90,000 Retained Earnings 70,000 Information from the trial balances of Claire Ltd and Tony Ltd at 30 June 2017 is presented overleaf