Polly corporation, an SME, paid P3,000,000 for a 90% interest in Sunny Company on January 1, 2014. The stockholders of Sunny Company included share capital of P2,000,000 and retained earnings of P1,000,000. Of the excess of total consideration (purchase price plus NCI) over book value, 60% is attributable to undervalued inventories and the remainder to goodwill. All inventories are sold in 2014. Also, on April 1, 2014, Polly sold an equipment to Sunny for P300,000 (carrying value is P250,000 with remaining life of 5 years). Sunny's net income for the year is P522,500. How much is the NCI at the end of 2014?

what is the carrying value of equipment in the consolidated FS as of 12/31/2015?