Please review and provide a response to all parts (a, b and c) of the question. Thank you in advance for your assistance!

Chapter 7 i Saved 4 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 $900,000 for Oxford, which has the following accounts: 2.85 Fair Value Tax Basis points Accounts receivable $ 160, 000 $ 160, 000 Inventory 218, 000 218, 000 Land 111, 000 111, 000 Buildings 224, 250 165, 000 Equipment 235, 250 175, 000 Liabilities (264, 000) (264, 000) eBook Required: Print a. What amount of deferred tax liability arises in the acquisition? b. What amounts will be used to consolidate Oxford with King's Road at the date of acquisition? c. On a consolidated balance sheet prepared immediately after this takeover, how much goodwill should King's Road recognize? References Assume a 21 percent effective tax rate. Complete this question by entering your answers in the tabs below. Required A Required B Required C What amount of deferred tax liability arises in the acquisition? Deferred tax liability