B. Pri corporation acquired 70% of the outstanding shares of Eto Corporation on June 1, 2023 for P2,000,000. The SFP pf Pri and Eto immediately after the acquisition shows the following information: Assets Cash Receivables (net) Inventories Land Buildings (net) Investment (net) Investment in Eto Corp Total assets Liabilities and Equities Accounts payable Other liabilities Share capital Retained earnings Total liabilities and equities Pri Corp Eto Corp (BV) Eto Corp (FV) P 320,000 P 200,000 P200,000 800,000 300,000 300,000 700,000 300,000 500,000 1,000,000 500,000 600,000 1,100,000 700,000 900,000 800,000 400,000 300,000 1,780,000 P6,500,000 P2,400,000 P 900,000 P 800,000 800,000 100,000 5,000,000 500,000 400,000 1,000,000 500,000 100,000 P6,500,000 P2,400,000 The non-controlling interest is fair valued at P600,000 on the date of the acquisition and top be measured at the acquirer at fair value. Required: 1. Prepare the entry in the books of Pri to record the stock acquisition. 2. Prepare the schedule to determine the breakdown of the goodwill (if any). 3. Prepare the consolidation working paper. 4. Prepare the consolidated statement of financial position.