On 1 July 2021 Alpha Ltd Acquired a 40% Share

On 1 July 2021 Alpha Ltd acquired a 40% share of Beta Ltd. At that date, the following assets had carrying amounts different to their fair values in Beta's books: $\begin{array}{|l|r|r|}\hline {\text { Asset }} & \text { Carrying amount } & \text { Fair value } \\\hline \text { Inventories } & \$ 18000 & \$ 20000 \\\hline \text { Plant } & \$ 30000 & \$ 35000 \\\hline\end{array}$ All inventories were sold to third parties by 30 June 2022. On 1 July 2021, the plant had a remaining useful life of 2 years. The tax rate is 30%.
The adjustment required to the Investment in Associate account at 30 June 2022 in relation to the above assets is:

A) $1 260
B) $1 400
C) $1 750
D) $3 150