Exacto Company reported net assets of $260,000 on January 1, 20X5, and reported the following net income and dividends for the years indicated:

True Corporation acquired 75 percent of Exacto's common stock on January 1, 20X5. At that date, the fair value of Exacto's net assets was equal to the fair value of Exacto as a whole. The excess of the fair value of Exacto's net assets over book value was due to an increase in the value of equipment with a remaining economic life of 10 years at January 1, 20X5. True uses the equity method in accounting for its ownership in Exacto and reported a balance of $259,800 in its investment account on December 31, 20X7.

Required 

a. What amount in excess of book value did True pay when it purchased Exacto's shares?

b. What amount will be added to buildings and equipment when the consolidated balance sheet is prepared at December 31, 20X7? 

c. What amount will be added to accumulated depreciation when the consolidated balance sheet is prepared at December 31, 20X7? 

d. What amount will be assigned to the noncontrolling shareholders in the consolidated balance sheet prepared at December 31, 20X7?  

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Investor Purple Corporation Green Company Orange Corporation Green Company Investee Green Company Orange Corporation Blue Company Yellow Company Percentage of Ownership Held 70 10 60 40