**ONLY need help with part c**

Excrcise 4-11 On January 1, 2017, Plutonium Corporation acquired 80% of the outstanding stock of Sulfurst Inc. for $246,400 cash. The following balance sheet shows Sulfurst Inc.'s book values immediately prior to acquisition, as well as the appraised values of its assets and liabilities by Plutonium's experts Sulfurst Inc.'s Book Values Sulfurst Inc. 's Market Values Current assets $91,000 $91,000 Property, plant & equipment 75,000 178,600 $344,600 $104,900 97,400 20,000 122,300 $344,600 95,100 178,600 Land Building & machinery (net) Total assets Total liabilities Common stock, $5 par value Additional paid-in-capital Retained earnings Total liabilities and equities $104,900