The X Company owns 65% of the Y Company. On the last day of the accounting period Y sold to X a non-current asset for P200,000. The asset originally cost P500,000 and at the end of the reporting period its carrying amount in Y's books was P160,000. The group's consolidated statement of financial position has been drafted without any adjustments in relation to this non-current asset. What adjustments should be made to the consolidated statement of financial position figures for non-current assets