Question 1: (25 marks) Dn 1 July 2019 Curious Ltd acquired the following assets and liabilities from George Ltd: In exchange for these assets and liabilities, Curious Ltd issued 90000 shares that had been issued for $8.50 per share but as at 1 July 2019 had a fair value of $6.50 per share. The issue of the shares cost $500 and the cost of the acquisition was $1,000. Required 1. Calculate the goodwill /gain on bargain purchase, show your workings. (8 marks) 2. Prepare the journal entries in the records of Curious Ltd to account for the acquisition of the assets and liabilities of George Ltd. (17 marks) Part 1 (Calculation of goodwill /gain on bargain purchase) show your answer and full workings here, expand the table as needed: Part 2 Journal entries using the journal given below, expand the table as needed