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I need help to understand the following questions, please answer D Question 13 2 pts 1. On January 1 20x1, Peter Corp. acquired the net

I need help to understand the following questions, please answer

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D Question 13 2 pts 1. On January 1 20x1, Peter Corp. acquired the net assets of Simon by paying cash of 1,000,000 and issuing 100.000 ordinary shares with par value of P100 and market value of P120. Also. The entity agrees to issue additional 1,000 ordinary shares to the former owners of Simon if the market price per share of Peter's share increases to P140 per share as of December 31, 20d After consideration of the vesting conditions, Papa estimated that the fair value of the contingent consideration on January 1 2020 is P300,000. The statement of financial position of Peter and Simon has the following information: Peter Simon Book Value Fair Value Book Value Fair Value Assets 25,000,000 26,000,000 10.000,000 12:500,000 Liabilities 7.000,000 7,000.000 1 800.000 1.900,000 The following item are not reported in Simon's financial position: Future cost savings 10,000 Warranty liability 5.000 Customers lists 10,000 Tradename 50.000 Peter holds a building which is being rented out to Simon under operating lease. Peter determines that the terms of the operating lease on the buliding compared to market value are favorable and the fair value of the deferential is estimated at P40,000. Peter also pald the folowing costs-brokers fee P20 000; SEC registration of stock issued P4000, Indirect costs P5,000; printing of share certificates P1.000 and listing fees of shares P20CO. The share price of Peter's share on December 31, 2020 is P130 pesos Req. 1: How much is the goodwill on January 1, 201? D Question 14 2 pts Reg. 2: How muchis the total assets on January 1. 2031, after business combination? Question 15 2 pts Reg. 3 How much is the total liabilities on January 1, 20x1, after business combination? Question 16 2 pts Reg, & How much is the total affect on share premium on December 21, 20x1? 2 pts Question 17 Assuming the Peter determines that the terms of the operating lease on the bulding compared to market value are untavorable and the fair value of the oclerical is estimated at F:40.COD, Also share price of Peter's share on December 31, 2020 is P140 pesos Rey. 5. How much is the total asses onJanuary 1. 20x1, ang business combination

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