On January 1, 20X5, Taft Company acquired all of the outstanding stock of Vikix, Inc., a Norwegian company, at a cost of $153,000. Vikixs net assets on the date of acquisition were 700,000 kroner (NKr). On January 1, 20X5, the book and fair values of the Norwegian subsidiarys identifiable assets and liabilities approximated their fair values except for property, plant, and equipment and patents acquired. The fair value of Vikixs property, plant, and equipment exceeded its book value by $18,000. The remaining useful life of Vikixs equipment at January 1, 20X5, was 10 years. The remainder of the differential was attributable to a patent having an estimated useful life of 5 years. Vikixs trial balance on December 31, 20X5, in kroner, follows:

i need to solve last 2 journal entries in section b. And also all section c and d.

credits Debits Cash NKr 153,000 227,000 Accounts Receivable (net) 288,000 Inventory 603,000 Property, Plant, and Equipment Accumulated Depreciation NKr 161,000 106,000 Accounts Payable 195,000 Notes Payable 450,000 Common Stock 262,000 Retained Earnings 742,000 Sales 420,000 Cost of Goods Sold 114,000 Operating Expenses 64,000 Depreciation Expense 47,000 Dividends Paid Total NKr 1,916,000 NKr 1,916,000 Additional Information: 1. Vikix uses the FlFO method for its inventory. The beginning inventory was acquired on December 31, 20X4, and ending inventory was acquired on December 15, 20X5. Purchases of NKr430,000 were made evenly throughout 20X5 2. Vikix acquired all of its property, plant, and equipment on July 1, 20X3, and uses straight-line depreciation 3. Vikix's sales were made evenly throughout 20X5, and its operating expenses were incurred evenly throughout 20X5 4. The dividends were declared and paid on July 1, 20X5 5. Taft's income from its own operations was $258,000 for 20X5, and its total stockholders' equity on January 1, 20X5, was $3,500,000. Taft declared $180,000 of dividends during 20X5 6. Exchange rates were as follows: INKr 0.15 July 1, 20X3 December 30, 20X4 0.18 January 1, 20X5 0.18 July 1, 20X5 0.19 December 15, 20X5 0.205 0.21 December 31, 20X5 Average for 20X5 0.20