Parent Company acquired 75% of outstanding ordinary shares of Subsidiary Company for P900,000. Book value of Subsidiary Company's net assets is P1,000,000. Upon re-measurement of acquires net assets, it shows that inventory has a fair value lower by P40,000 than its book value and equipment held for 3 years has a fair value and book value of P450,000 and P360,000, respectively. The original cost of Subsidiary Company's equipment is P576,000 with no residual value. Parent opts to measure NCI at fair value of P275,000. During the year Parent reported net income of P300,000 and received P30,000 dividend from Subsidiary. Subsidiary Company's net income amounts to P100,000. Goodwill impairment attributabl to the controlling interest is P13,500. (INPUT YOUR ANSWERS IN FIGURES. DO NOT PUT ANY COMMA, PESO SIGN, DECIMALS, AND EXTRA SPACES) 1. Non-Controlling Interest in Net Assets of Subsidiary at the end is: 2. Net income attributable to Parent Company is:

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