1. How much is the amount of goodwill or income from acquisition to be presented in the 2015 conso financial statement?

2. How much is the NCI in the net income of subsidiary in 2015?

3. How much is the consolidated net income in 2015?

4. How much is the consolidated net income attributable to parent?

6. How much is the amount of NCI in Net Asset of the subsidiary as of December 31, 2015?

7. How much is the Conso RE?

8. How much is the Conso SHE?

9. How much is the consolidated Liab?

10. How much is the consolidated Asset in 2015?

13, DONA AMPARO BUILDING, ESPANA BOULEVARD CORNER G. TOLENTINO STREET SAMPALOC MANILA (TEL. No. (02) 244-6342 Billy too Problem G: The following Statement of Financial Position were prepared for Popoy and Sasha Company on January 1, 2015 just before they entered into business combination: POPOY Company SASHA Company Book Value Fair Value Book Value Fair Value SE-SON 720 Cash and Receivables 900,000 900,000 160,000 160,000 3. Inventory 600,000 800,000 100,000 710 130,000 Building (5 year life) 1,125,000 1,400,000 300,000 A 1400,000 Epi (to) Equipment (5 year life) 300,000 400,000 250,000 - 200,000 Accounts Payable 450,000 400,000 50,000 50,000 Bond's payable 750000 750,000 40,000 40,000 Common Stocks P 20 par value 750,000 P 10 par value 200,000 Additional Paid in Capital 150,000 50,000 Retained Earnings 825,000 470,000 000 On the same day, Popoy purchased 70 percent common shares outstanding of SaSha for P 500,000. On December 31, Popoy Company and Sasha Company show the result of their own operations: Popoy Company Sasha Company 2015 P262,500 P200,000 80 x 302 240 Additional Information: 2004 302 The fair value of Non-controlling interest (30%) is assessed at P 220,000. S. 2.43 Popoy declared dividends amounting to P 80,000 while Sasha Declared and paid dividends of P 50,000