advance financial accounting

see the attached two pictures it is only one question

PROB. 5-33 (Financial Accounting by Deegan) On July I, 2016, Double Co. acquired 80% of the share capital of Solo Co. for P1,000,000, which represented the fair value of the consideration paid, when the share capital and reserves of Solo Co. were: Issued capital P 600,000 Revaluation surplus 200,000 Retained earnings 200,000 Owner's equity P 1.000,000 I assets of Solo Co. were recorded at fair value at acquisition date, except {QF . 'pment that had a fair value of P40,000 greater than its carrying amount. This gives rise to the recognition of deferred tax liability. The cost of the equipment was P80,000 and it had accumulated depreciation of P20,000. The tax rate is 30% Using the full goodwill method, what is the amount of fair value adjustment and goodwill, respectively, on July 1, 2016 for non-controlling interests in Solo Co.? a. 5,600 Zero b. 22,400 Zero C. 5,600 44,400 22,400 177,600