n January 1, 2019, ALUCARD Co. acquired 80% interest in BERTHOLD, Inc. by issuing 5,000 shares with fair value of P15 per share. On this date, BERTHOLD's equity comprised of P50,000 share capital and P24,000 retained earnings. NCI was measured at its proportionate share in BERTHOLD's net identifiable assets. BERTHOLD's assets and liabilities on January 1, 2019 approximate their fair values except for the following: Fair value BERTHOLD, Inc. Carrying Fair adjustments amounts values (FVA) Inventory 23,000 31,000 8,000 Equipment (4 yrs. remaining 50,000 60,000 10,000 Accumulated depreciation (10,000) (12,000) (2,000) Totals 63,000 79,000 16,000 life) BERTHOLD, Inc. declared and paid dividends of P6,000 during 2019. There was no impairment in goodwill. The year-end individual statements of profit or loss are shown below: Statements of profit or loss For the year ended December 31, 2019 ALUCARD CO. Sales 300,000 Cost of goods sold (165,000) Gross profit 135,000 Depreciation expense (40,000) Distribution costs (32,000) Interest expense (3,000) Dividend income 4,800 Profit for the year 64,800 BERTHOLD, Inc. 120,000 (72,000) 48,000 (10,000) (18,000) 20,000 How much is the profit attributable to Owners of the parent NCI a. 68,000 b. 64,800 c. 52,000 d. 57,200 2,000 5,200 18,000 12,800