On January 1, 20x4, Park Corporation and Strand Corporation and their condensed balances sheet are as follows:

ParticularsPark CorpStrand Corp

Current AssetsP70,000P20,000

Non-current assets90,00040,000

Total assetsP160,000P60,000

Current liabilitiesP30,000P10,000

Long-term debt50,000--

Stockholder's equity80,00050,000

Total liabilities and equityP160,000P60,000

On January 2, 20x4, Park Corporation borrowed P60,000 and used the proceeds to obtain 80% of the outstanding common shares of Strand Corporation. The P60,000 debt is payable in 10 equal annual principal payments, plus interest, beginning December 31, 20x4. The excess fair value of the investment over the underlying book value of the acquired net assets is allocated to inventory (60%) and goodwill (40%).

On a consolidated balance sheet as of January 2, 20x4, what should be the amount for each of the following:

The amount of goodwill using proportionate basis