The separate statements of comprehensive income of Antonio Company and its 90% owned subsidiary, Tony Company, for the year ended December 31, 2021 show the following:

Comprehensive income:

Antonio Company = P108,000

Tony Company = P20,000

Dividend income

Antonio Company = 18,000

The following additional data shall apply:

• On January 1, 2020, Tony Company purchased a building, with a book value of P100,000 and an estimated 20-year life, from Antonio for P180,000. The building was being depreciated on a straight-line basis with no salvage value.

• On January 1, 2021, Tony Company sold a machine with a book value of P50,000 to Antonio Company for P60,000. The machine had an expected life of 5 years and is being depreciated on a straight-line basis with no salvage value. Tony Company is a dealer for the machine.

1. On December 31, 2021, what is the consolidated comprehensive income?

2. Using the same data, on December 31, 2021, what is the consolidated comprehensive

income attributed to controlling interest?