Pat Corporation owns 70% of Susan Company's

outstanding stock, acquired on January 1, 2012. Susan

regularly sells merchandise to Pat at 150% of Susan's

cost. Pat's December 31, 2012 and 2013 inventories

include goods purchased inter-company of P112,500

and P33,000, respectively. The separate incomes

(excluding investment income) of Pat and Susan for

2013 are summarized below:

Pat Susan

Sales P1,200,000 P 800,000

Cost of goods sold (600,000) (500,000)

Operating expenses (400,000) (100,000)

CI from own operations P 200,000 P 200,000

Consolidated CI should be allocated to parent and

NCI in the amount of