On January 1, 2022, P Company acquired 80% of S Company for P2,000,000. The fair value of identifiable net assets is P1,800,000. NCI is measured at fair value. During 2022, P Company ships merchandise to S Company costing P800, 000 at 25% above cost. Additional data are as follows:

	P Company	S Company
Sales	5,500,000	2,500,000
Cost of Sales	3,200,000	1,600,000
Operating Expense	650,000	300,000

The ending inventories of S Company includes merchandise from P Company amounting to P50,000. Impairment of goodwill is P20,000. (INPUT YOUR ANSWERS IN FIGURES. DO NOT PUT ANY COMMA, PESO SIGN, DECIMALS, AND EXTRA SPACES)

1. Consolidated cost of sales is reported at
2. The net income attributable to parent is