Pre-acquisition entries question

Dear sir, could you help me to solve this question? I am not sure if my pre-acquisition entries are correct because the RE is negative.

Pre-acquisition entries at 30 June 2020
Share capital                                                      Dr       120,000
         Asset revaluation surplus                                  Dr         14,000
         General reserve                                                 Dr         16,000
         Business combination valuation reserve           Dr         5,600
                   Shares in Fowl Ltd                                  Cr                               153,400
                   Retained earnings (1/7/19)*                     Cr                       2,200
*$16,000 + $8,000 (transfer from general reserve) + $8,400 (transfer from BCVR – inventories) – $29,600 (gain on bargain purchase) – $5,000 (transfer of BCVR on goodwill)

Question:
On 1 July 2018, A Ltd acquired all of the issued shares (cum div.) of B Ltd. At this date, the equity of B Ltd consisted of: share capital $120,000; general reserve $24,000; retained earnings $16,000. At 1 July 2018, one of the liabilities of B Ltd was a dividend payable of $10,000. This was paid on 1 September 2018. One of the assets recorded by B Ltd was goodwill of $5,000. At 1 July 2018, all the identifiable assets and liabilities of B Ltd were recorded at amounts equal to their fair values except for:

Carrying amount; Fair value
Plant (cost $100,000): $80,000; $88,000
Land: 60,000; 80,000
Inventories: 40,000; 52,000

In relation to these assets:
1. The plant had an expected useful life of 4 years.
2. At 1 July 2018, subsequent to the acquisition of shares by A Ltd, B Ltd adopts the fair value basis of measurement for land. The land on hand at 1 July 2018 was sold by B Ltd on 8 February 2020. On sale any related asset revaluation surplus is transferred to retained earnings.
3. The inventory was all sold by 30 June 2019.

Additional information
1. In June 2019, B Ltd transferred $8,000 from the general reserve existing at 1 July 2018 to retained earnings. There were no other transfers relating to the general reserve in 2018–19.
2. At 30 June 2019, B Ltd recognised gains on revaluation of land of $6,000 in other comprehensive income for the period.
3. In June 2019, B Ltd sold inventory to A Ltd for $7000. This had originally cost B Ltd $5,000. 20% of this inventory remained unsold by A Ltd at 30 June 2019.
4. During the 2019–20 period, B Ltd inventory to A Ltd for $120,000. At 30 June 2020, A Ltd holds inventory sold to it by B Ltd for $20,000 which had cost B Ltd $15,000.
5. On 1 January 2019, B Ltd sold an item of inventory to A Ltd at a before tax profit of $5,000. This asset was classified as plant by A Ltd and depreciated over a 5-year period.
6. The tax rate is 30%.
7. Financial information provided by the companies at 30 June 2020 was as follows:

A Ltd; B Ltd
Sales revenue:
910,000; 624,000

Other revenue:
60,000; 65,600

Total revenue:
970,000; 689,600

Cost of sales:
625,000; 464,000

Other expense:
225,000; 129,600

Total expense:
850,000; 593,600

Profit before tax:
120,000; 96,000

Tax expense:
30,000; 32,000

Profit for the period:
90,000; 64,000

Retained earnings at 1 July 2019:
100,000; 48,000

Transfer from asset revaluation surplus:
0; 14,000

Transfer to general reserve:
0; 12,000

Dividend paid:
20,000; 12,000

Dividend declared:
30,000; 16,000

Retained earnings at 30 June 2020:
140,000; 86,000

Share capital:
400,000; 120,000

General reserve:
0; 28,000

Asset revaluation surplus:
0; 10,000

Total equity:
540,000; 244,000

Provisions:
40,000; 30,000

Payables:
30,000; 40,000

Deferred tax liabilities:
12,000; 15,000

Non current liabilities:
78,000; 75,000

Total liabilities:
160,000; 160,000

Total equity and liabilities:
700,000; 404,000

Shares in B Ltd:
153,400; 0

Plant:
800,000; 320,000

Accumulated depreciation-plant:
-544,000; -120,000

Land:
60,000; 90,000

Intangibles:
75,000; 60,000

Deferred tax assets:
15,000; 8,000

Cash:
20,000; 5,000

Receivables:
40,600; 6,000

Inventories:
66,000; 30,000

Goodwill:
14,000; 5,000

Total assets:
700,000; 404000