On January 1, 2021, PLDT acquired 60% of outstanding shares of Smart Inc with a gain on bargain purchase amounting to P1,000,000. The following additional data are provided:

• On January 1, 2021, PLDT sold a black equipment to Smart with a cost of P1,000,000 and accumulated depreciation of P400,000 at a selling price of P900,000. The black equipment has original life of 5 years.
• On July 1, 2022, Smart sold a white equipment to PLDT with cost of P500,000 and accumulated depreciation of P300,000 at a selling price of P150,000. The white equipment has original life of 10 years.
• On year 2022, PLDT reported net income of P5,000,000 and declared dividends of P2,000,000 while Smart reported net income of P1,000,000 and declared dividends of P500,000.

What is the consolidated depreciation expense of the equipment for the year ended December 31, 2022?

On January 1, 2012, Pro Company acquired 70% of Sol Inc., at book value. On December 31, 2013, Sol sold a computer to Pro for P90,000. Sol acquired the computer at a cost of P60,000. Pro will use a 10-year life, no salvage value, and straight-line depreciation. For 2013, Sol reports CI of P100,000. What is the NCI in CI of subsidiary?

3.Sun, Inc. is a wholly-owned subsidiary of Patton, Inc. On June 1, 2017, Patton declared and paid a P 1 per share cash dividend to stockholders of record on May 15, 2017. On May 1, 2017, Sun bought 10,000 shares of Patton's common stock for P 700,000 on the open market, when the book value per share was P 30. 

What amount of gain should Patton report from this transaction in its consolidated for the year ended December 31, 2017?