23. On January 2, 2021, the statement of Financial Position of Parent and Subsidiary Company prior to the combination are:

Parent Co. Subsidiary Co.

Cash P450,000 P15,000

Inventories 300,000 30,000

Property and equipment (net) 750,000 105,000

Total Assets P1,500,000 P150,000

Current Liabilities P90,000 P15,000

Common Stock, P100 par 150,000 15,000

Additional paid in capital 450,000 30,000

Retained earnings 810,000 90,000

Total Liabilities and Stockholders equity P1,500,000 P150,000

The fair value of Subsidiary Companys equipment is P153,000.

Assuming Parent Company acquired 80% of the outstanding common stock of Subsidiary Company for P 136, 800 and NCI is measured at its proportionate share of subsidiarys net assets, how much is the consolidated stockholders equity on the date of acquisition?