$($b$)$ Tring Lid acquired $60\%$ of the share capital of Hessle Ltd on $31$ March $20$X$6.$ The share capital and retained earnings of Hesale Ltd as on $31$ December $20$X$6$ were as follows.

Ordinary $25$p shares

CU

Retained earnings at $1$ January $20$X$6$

$120,00060,000$

Net profit for $20$X$6$

$580\mathrm{.}000$

The profits of Hessie Ltd have accrued evenly throughout $20$X$6.$ The discount arising on acquisition was CU$3,000.$ What is the cost of the investment in Hessle Ltd in the balance sheet of Tring Ltd as on $31$ December $20$X$6?($c$)$ Durie Lid has many subsidiary