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Section 2: 8 marks Old Pharma Limited established a hospital called New Hospitals Limited for treatment of corona patients. On March 1, 2021 Old Pharma Limited transferred the following assets and liabilities to New Hospitals Limited. In exchange New Hospitals Limited issued 40,000 shares with par value of Tk. 3 each. Cost Book Value Fair 40,000 40,000 68,000 35,000 Value Cash 40,000 Accounts Receivable 75,000 70,000 Inventory 35,000 40,000 Land 50,000 60,000 Buildings & Equipment 400,000 400,000 Accounts Payable 15,000 15,000 50,000 320,000 15,000 Both companies have recorded necessary journal entries in their respective books. 3. How much should be balance in the investment account in Old Pharma Limited's book? Show your calculation. (2 Points) Enter your answer 4. How much is the balance in the Allowance for Doubtful Debts account in Old Pharma's ledger? Show your calculation. (2 Points) Enter your answer 5. How much should be the balance in the Common Shares account in New Hospital Limited's book? Show your calculation. (2 points) Enter your answer 6. How much should be the balance in the Additional Paid-In Capital account in New Hospital Limited's book? Show your calculation. (2 Points) Enter your