On January 2, 2012, D Corporation purchased 80%% of the outstanding shares of C Company for P4.750,000. At that date, C had P4,000,000 of ordinary shares outstanding and retained earnings of P1,600,000. C's equipment with a remaining life of 5 years had a book value of P2,250,000 and a fair value of P2,630,000. C's remaining assets had book values equal to their fair values. All intangibles except goodwill are expected to have remaining lives of 8 years. The income and dividend figures for both D and Care as follows: Net income of D in 2012 is P900,000; 2013 is P1,100,000. Net income of C in 2012 is P340,000; 2013 is P510,000. Dividends of D in 2012 is P220,000; 2013 is P390,000. Dividends of C in 2012 is P70,000; 2013 is P130,000. D's retained earnings balance at the date of acquisition was P3,450,000. 1. How much is the consolidated retained earnings attributable to controlling interest in 2013? A. P5,272,400 B. P5,333,200 C. P5,238,400