The consolidated depreciation expense is: a. P4,680,000 b. P4,440,000 c. P4,644,000 d. P4,356,000 8. FB Corporation acquired an 80% interest in Twitter Corporation on January 1,200 On January 1, 2017, Twitter sold a building with a book value on the puilding had a remaining useful life of ten years and no salvage value The separate balan The building and the accumulated depreciation amounts that should appear in the consolidated balance sheet on December 31, 2017 are: a. P3,250,000 and P975,000, respectively c. P3,100,000 and P975,000, respectively b. P3,100,000 and P960,000, respectively d. P3,250,000 and P960,000, respectively 9. Drew Corporation purchased land from its 60%-owned subsidiary, Dude Corporation, in 2013 at a cost of P90,000 greater than Dude's book value. In 2017, Drew sold the consolidated income statement should report a gain on the sale of land of: a. P120,000 b. P90,000 c. P150,000 d. P210,000