On December 31, Year 1, P Company purchased 90% of the outstanding shares of S Company for $8,100 cash.

The statements of financial position of the two companies immediately after the acquisition transaction appear below.

	P Company			S Company
	Carrying Amount			Carrying Amount			Fair Value
Plant and equipment (net)	$	9,500		$	7,200		$	6,300
Investment in S Company		8,100
Inventory		6,560			5,300			5,600
Accounts receivable		5,950			3,200			3,200
Cash		4,300			2,450			2,450
	$	34,410		$	18,150
Ordinary shares	$	11,900		$	4,400
Retained earnings		15,410			5,050
Long-term liabilities		4,400			3,400			3,400
Other current liabilities		1,400			3,200			3,200
Accounts payable		1,300			2,100			2,100
	$	34,410		$	18,150

Required:

Calculate consolidated goodwill amount and prepare the initial consolidated balance sheet (with Direct Approach) at the date of acquisition using the following three different consolidation methods:

1. Proportionate method
2. INA method
3. FVE method