Pie Corporation acquired 60 percent of Slice Companys common stock on December 31, 20X5, at underlying book value. The book values and fair values of Slices assets and liabilities were equal, and the fair value of the noncontrolling interest was equal to 40 percent of the total book value of Slice.

Slice provided the following trial balance data at December 31, 20X5: Debit Credit Cash $ 28,300 Accounts Receivable 65,350 Inventory 90,800 Buildings and Equipment (net) 216,000 Cost of Goods Sold 106,900 Depreciation Expense 23,550 Other Operating Expenses 31,380 Dividends Declared 15,300 Accounts Payable $ 33,560 Notes Payable 114,000 Common Stock 91,800 Retained Earnings 129,500 Sales 208,720 Total $ 577,580 $ 577,580

Required:

a. How much did Pie pay to purchase its shares of Slice? (Round your answer to nearest whole dollar amount.)

b. If consolidated financial statements are prepared at December 31, 20X5, what amount will be assigned to the noncontrolling interest in the consolidated balance sheet? (Round your answer to nearest whole dollar amount.)

c. If Pie reported income of $143,250 from its separate operations for 20X5, what amount of consolidated net income will be reported for 20X5?

d. If Pie had purchased its ownership of Slice on January 1, 20X5, at underlying book value and Pie reported income of $143,250 from its separate operations for 20X5, what amount of consolidated net income would be reported for 20X5?