Quoton Corporation purchased 80 percent of the common stock of Tempro Company on December 31. 20X5, at underlying book value. The following trial balance data was provided by Tempro Company at December 31, 20X5:

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a. How much did Quoton Corporation pay in purchasing its shares of Tempro Company?

b. If consolidated financial statements are prepared at December \(31.20 \mathrm{X} 5\), what amount will be assigned to the noncontrolling interest in the consolidated balance sheet?

c. If Quoton Corporation reported income of \(\$ 143,000\) from its separate operations for 20X5, what amount of consolidated net income will be reported for 20X5?

d. If Quoton Corporation had purchased its ownership of Tempro on January 1, 20X5, at underlying book value and Quoton reported income of \(\$ 143,000\) from its separate operations for 20X5, what amount of consolidated net income will be reported for 20X5?

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Debit Credit Cash $ 28.000 Accounts Receivable 65.000 Inventory 90.000 Buildings and Equipment (net) 210,000 Cost of Goods Sold 105.000 Depreciation Expense 24.000 Other Operating Expenses 31.000 Dividends Declared 15.000 Accounts Payable $ 33.000 Notes Payable 120.000 Common Stock 90.000 Retained Earnings 130.000 Sales 195.000 Total $568.000 $568.000