The stockholders equity of Acme Corporation at December 31, 2010 consisted of the following : Common stock $ 10 par 36,000 shares outstanding 360,000.00 Additional Paid In Capital 80.000.00 Retained Earnings 60,000.00 Company has been in a tight working capital position and at January 1, 2011 sold 14,000 previously unissued common stock to Bugs Corporation for $280,0000 All of Acme identifiable assets and liabilities were recorded at fair value at this date except for building with remaining useful life of 4 years that was undervalued by $ 80,000 and equipment with remaining useful life of 10 years that was overvalued by $10,000 During 2011, Acme reported net income of $150,000 and paid dividends Mar 31 of $30,000; June 30 of $30,000; Sept 30 of $ 15,000 and Dec 31 of $ 15.000 for a total of $ 90,000 for the year

a. What is the ownership percentage held by Bugs

b. What is the amount of goodwill paid by Bugs

c. What is the balance in the Investment in Acme account on Bugs books at Dec 31, 2011

d. What is Bugs investment income from Acme for the year

e. What is the net assets of Acme corporation at Dec 31, 2011

f. What is the amount of goodwill to be recorded by Acme corporation