The correct answers for 1-7 are:

1. 14,400

2. 15,000

3. 610

4. 32,090

5. 70,690

6. 12,010

7. 318,300

I just need to know the solutions please? Thank you.

On January 1, 2020, Rodiel Company acquired 90% of RJ Company in exchange for 5,400 shares of P10 par common stock having a market value of P120,600. Rodiel and RJ condensed balance sheets on January 1 were as follows: Rodiel RJ Cash P30,900 P37,400 Receivables 34,200 9,100 Inventories 22,900 16,100 Equipment 179,000 40,000 Patents 10,000 TOTAL P267,000 P112,600 Accounts payable P4,000 P6,600 Bonds payable 100,000 Common stock, P10 par 100,000 50,000 APIC 15,000 15,000 Retained earnings 48,000 41,000 TOTAL P267,000 P112,600 At the date of acquisition, all assets and liabilities of RJ have book values equal approximately equal to their respective market values except the following as determined by appraisal: Inventories (FIFO method) 17,100 Equipment (net remaining of four years) 48,000 Patents (remaining 10 years) 13,000 For the year ended December 31, 2020, the following results were given: Dividends paid Net income Rodiel COMPANY 15,000 30,200 RJ COMPANY 4,000 9,400 Required: From the data above, determine the following assuming the non-controlling interest is measured at its proportionate share in the fair value of the net assets of the subsidiary: 1. Goodwill to be reported on December 31, 2020. 2. Consolidated dividend paid for the year. 3. The non-controlling interest net income to be reported on December 31, 2020. 4. The profit attributable to the equity holders of the parent. 5. The consolidated retained earnings to be reported on December 31, 2020. 6. The non-controlling interest to be reported on December 31, 2020. 7. The consolidated equity to be reported on December 31, 2020