Question $4($c$)$ Pear Bhd acquired a $30\%$ interest in the equity of Orange Bhd on $1$ January $2020,$ paying RM$7,000,000$ in cash. On the date of acquisition, the share premium, revaluation reserves and retained profits of Orange Bhd were RM$1,300,000,$ RM$2,200,000$ and RM$3,450,000$ respectively. The issued share capital of Orange Bhd consisted of $15,000,000$ ordinary shares. The Statement of Financial Position of Orange Bhd as at $31$ December $2023$ is as follows: Orange Bhd $$ Statement of Financial Position as at $31$ December $2023$ Property, plant and equipment: RM$15,100,000$ Investment in quoted shares: RM$5,100,000$ Net current assets: RM$8,450,000$ Total assets: RM$28,650,000$ Equity and reserves: Share capital: RM$15,000,000$ Share premium: RM$1,300,000$ Revaluation reserves: RM$2,400,000$ Retained profits: RM$9,950,000$ Total equity: RM$28,650,000$ Required: $($i$)$ Calculate the goodwill or purchase bargain arising on the acquisition of the investment in Orange Bhd$.(7$ marks$)($ii$)$ Prepare the journal entries to record the acquisition of the investment in Orange Bhd by Pear Bhd$.(2$ marks$)$