Please show full solution for understanding please.

On December 31, Year 1, P Company purchased 80% of the outstanding shares of S Company for $6,800 cash. The statements of financial position of the two companies immediately after the acquisition transaction appear below. P Company S Company Carrying Carrying Fair Amount Amount Value Plant and equipment $ 8,400 $ 6,700 $5,500 (net) Investment in s Company 6,800 Inventory 5,460 4,050 4,500 Accounts receivable 3,750 2,100 2,100 Cash 2,100 1,350 1,350 $ 26,510 $14,200 Ordinary shares $10,800 $ 3,300 Retained earnings 9, 110 5,500 Long-term liabilities 4,200 2,300 2,300 Other current liabilities 1,500 2,100 2,100 Accounts payable 900 1,000 1,000 $ 26,510 $14,200 Required: (a) Calculate consolidated goodwill at the date of acquisition under the proportionate consolidation method. Consolidated goodwill (b) Prepare a consolidated statement of financial position in order of liquidity i.e starting with cash at the date of acquisition under each of the following: (i) Identifiable net assets method P Company Consolidated Statement of financial position December 31, Year 1 Assets Liabilities Total liabilities Shareholders' equity (ii) Fair value enterprise method P Company Consolidated Statement of financial position December 31, Year 1 Assets Liabilities Total liabilities Shareholders' equity (c) Calculate the current ratio and debt-to-equity ratio for P Company under the identifiable net assets (INA) method and the fair value enterprise (FVE) method. (Round "Current ratio" answers to 2 decimal places and "Debt to equity ratio" answers to 4 decimal places.) INA FVE Current ratio Debt to equity ratio