CHAPTER 2

Part A Receivables Inventory Plant and Equipment 228,000

396,000 540,000 Land Goodwill ($2,154,000 - $1,824,000) Liabilities Cash

Part B Receivables Inventory Plant and Equipment Land Liabilities Cash Gain on Acquisition of Saville - Ordinary ($1,230,000 -

$990,000)

2 - 1

660,000 330,000 228,000 396,000 540,000 660,000

594,000 1,560,000

594,000 990,000 240,000