On 31 December 20x8, P Ltd paid $500 million to acquire 80% of S Ltd when S Ltd’s net assets at fair value were represented by share capital of $100 million and retained profit of $400 million. On the same day, P Ltd paid $200 million to acquire 40% of A Ltd when A Ltd’s net assets at fair value were represented by share capital of $100 million and retained profit of $200 million. The “Goodwill” and the “Investment in associate” in the consolidated statement of financial position as at 31 December 20x8 should be respectively:

Group of answer choices
None of the listed choices.
$180 million and $200 million.
$100 million and $120 million.
$100 million and $200 million.
$180 million and $120 million.