On 1 July 2016 Titans Ltd Acquired a 25% Share

Multiple Choice

On 1 July 2016 Titans Ltd acquired a 25% share of Taylor Ltd.At that date,the following assets had carrying amounts different to their fair values in Taylor's books.

All inventory was sold to third parties by 30 June 2017.On 1 July 2016,the machinery had a remaining useful life of 3 years.
The tax rate is 30%.
The adjustment required to the investment in associate account at 30 June 2017 in relation to the above assets is:

A) $1750.
B) $2500.
C) $7000.
D) $10 000.