Question 8 1 pts On February 1, 20x1, Paco Corp. acquired outstanding ordinary shares of School Inc. for cash. The incomplete working paper elimination entries on that date for the consolidated of statement of financial position of Paco Corp. and School Inc. are shown below: WPEE 1 Shareholders' equity - School Inc. 1,453,500 Investment in School Inc. Non-controlling interest WPEE 2 Inventories Equipment Goodwill Investment in School Inc. Non-controlling interest 33,150 280,500 ? 1,235,475 218,025 349,775 ? Assuming NCI is measured at NCI proportionate share, the cash consideration excludes control premium amounting to P25,000, what is the amount of goodwill? 100,000 108.173 83.173 159,600