Quoton Corporation acquired 70 percent of Tempro Companys common stock on December 31, 20X5, at underlying book value. The book values and fair values of Tempros assets and liabilities were equal, and the fair value of the noncontrolling interest was equal to 30 percent of the total book value of Tempro. Tempro provided the following trial balance data at December 31, 20X5: Debit Credit Cash $ 29,000 Accounts Receivable 65,350 Inventory 90,000 Buildings and Equipment (net) 215,000 Cost of Goods Sold 104,200 Depreciation Expense 24,200 Other Operating Expenses 31,460 Dividends Declared 14,200 Accounts Payable $ 33,800 Notes Payable 119,000 Common Stock 85,200 Retained Earnings 129,500 Sales 205,910 Total $ 573,410 $ 573,410

Required: a. How much did Quoton pay to purchase its shares of Tempro? (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 Quoton reported income of $144,500 from its separate operations for 20X5, what amount of consolidated net income will be reported for 20X5?

d. If Quoton had purchased its ownership of Tempro on January 1, 20X5, at underlying book value and Quoton reported income of $144,500 from its separate operations for 20X5, what amount of consolidated net income would be reported for 20X5?