King's Road recently acquired all of Oxford Corporation's stock and is now consolidating the financial data of this new subsidiary. King's Road paid a total of $810,000 for Oxford, which has the following accounts:

	Fair Value			Tax Basis
Accounts receivable	$	184,000		$	184,000
Inventory		132,000			132,000
Land		114,000			114,000
Buildings		221,750			157,000
Equipment		212,750			159,000
Liabilities		(272,000	)		(272,000	)

Required:

What amount of deferred tax liability arises in the acquisition?

What amounts will be used to consolidate Oxford with King's Road at the date of acquisition?

On a consolidated balance sheet prepared immediately after this takeover, how much goodwill should King's Road recognize? Assume a 21 percent effective tax rate.