Preparation of acquisition analysis at 1 July 2017 Net Fair Value of identifiable Assets and Net fair value of identifiable assets and liabilities of Y’s Ltd = Equity ($13000+$5000+$4050) Land Add: $2000 (1-30%) Plant add: $1000 (1-30%) Inventory Add: 800 (1-30%) Brands $1200 (1-30%) Liabilities 1500 (1-30%) Goodwill $500 Total = 1050 Calculation of Unrecorded Goodwill Consideration transferred 24,600 Less Net fair value of identifiable assets and liabilities