Psalm Corporation acquired 75% of the outstanding ordinary shares of Selah Company's stockholders

equity on January 2, 2034 for P574,800 excluding control premium of P40,000. Selah Company's
stockholder's equity on January 2, 2034 were as follows : Ordinary Shares, 100 par, P262,500: Share
Premium, P105,000 : Retained Earnings, 210,000. Non controlling interest is measured on January 2,
2034 at fair value. The fair value of NCI amounted to P180,000.

Current fair value of Selah Company's identifiable net asset exceeded their book value ls as follows:
 Inventories, P31,500 (1/3 were sold in 2034)

 Plant Assets(economic life of 10 years), P52,500:

 while the book value of Patent exceeded their fair value (economic life of 5 years), P21,500.

Both Psalm and Selah include depreciation expense and amortization in operating expenses. Both
companies use the straight-line method for depreciation and amortization. Impairment of goodwill
amounting to P12,000 in year 2034 is to be recognized. Prior to acquisition the ordinary shares of P
Corporation are P300,000, Share Premium is P150,000 and Retained Earnings is P300,000. For the year
ended December 31, 2034, P Company and Selah Company reported net income of P356,000 and
P204,000 respectively and dividend declaration of P30,000 and P10,000 respectively.

How much is the NCI interest in net income?

How much is the NCI in net assets?

How much is the Conso net income attributable to parent?

How much is the consolidated retained earnings attributable to parent?

How much is the conso stockholder's equity.