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Pie Corporation acquired 8 5 percent of Slice Company's common stock on December 3 1 , 2 0 5 , at underlying book value. The

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Pie Corporation acquired 85 percent of Slice Company's common stock on December 31,205, 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 15
percent of the total book value of Slice. Slice provided the following trial balance data at December 31,20X5:
Required:
a. How much did Pie pay to purchase its shares of Slice?
Note: 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?
Note: Round your answer to nearest whole dollar amount.
c. If Pie reported income of $143,000 from its separate operations for 205, what amount of consolidated net income will be reported
for 205?
d. If Pie had purchased its ownership of Slice on January 1,205, at underlying book value and Pie reported income of $143,000 from
its separate operations for 205, what amount of consolidated net income would be reported for 205?
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