Ana Products Inc. acquired 60 percent of the stock of Anthony Company on January 2, 2014 for P210,000. On that date, Anthony reported accumulated profits of P120,000 and had P240,000 worth of ordinary shares. Anas accumulated profits was P480,000 at acquisition. Ana accounts for its investment in Anthony under the cost method. The companies recorded the following results for 2014 and 2015:

Ana

Anthony

2014: Net income

Dividends paid

P 84,000

30,000

P 42,000

36,000

2015: Net income

Dividends paid

108,000

36,000

48,000

18,000

What amount of equity holders of parents net income and consolidated accumulated profits will be reported in 2015?

Group of answer choices

P126,000 and P696,000 respectively

P145,200 and P639,600 respectively

P142,500 and P627,600 respectively

P126,000 and P714,000 respectively