Hello,

Could you explain how to solve this problem?

Pie Corporation acquired 80 percent of Slice Company's common stock on December 31, 20x5, at underlying book value. The book values and fair values of Slice's assets and liabilities were equal, and the fair value of the noncontrolling interest was equal to 20 percent ofthe total book value of Slice. Slice provided the following trial balance data at December 31, 20x5: Debit Credit Cash $ 28,200 Accounts Receivable 65,350 Inventory 89,400 Buildings and Equipment (net) 205,000 Cost of Goods Sold 106,000 Depreciation Expense 23,850 other Operating Expenses 30,540 Dividends Declared 14,800 Accounts Payable $ 32,840 Notes Payable 119,000 Common Stock 88,800 Retained Earnings 131,500 Sales 191,000 Total $563,140 $563,140 Required: a. How much did Pie pay to purchase its shares of Slice? (Round your answer to nearest whole dollar amount.)