Choose the correct answer only, no explanation is needed. Abdul Company is engaged in a variety of businesses around south. The CEO thought of expanding and the way to do that is to buy a portion or a whole entity that competes with his. The below data pertains to Karim Enterprise's balance sheet together with Abdul's before acquisition and any other adjustments:

KARIM ENTERPRISE	ABDUL COMPANY
	FV	BV	FV	BV
Cash	45,000.00	45,000.00	582,200.00	582,200.00
Accounts receivable	48,000.00	43,000.00	19,000.00	190,000.00
Inventories	65,000.00	55,000.00	74,000.00	71,000.00
Prepaid Expenses	42,000.00	38,000.00	40,000.00	35,000.00
Notes Receivable	585,000.00	585,000.00	685,000.00	685,000.00
Accounts Payable	31,000.00	31,000.00	60,000.00	60,000.00
Notes Payable	280,000.00	280,000.00	150,000.00	150,000.00
Common Stock		300,000.00		750,000.00
Additional Paid-in Capital		65,000.00		430,200.00
Retained Earning		90,000.00		173,000.00

On January 1,2018, Abdul decided to acquire all but fifteen percent of Karim's equities for P520,200. Notes receivable of Abdul was negotiated and dealt on August 15,2017 and payable on August 15,2020 at 12% interest rate while the same account on the hands of Karim bears the same interest rate but only executed the transaction three and a half months immediately preceding the acquisition date and its due date is after 3 years from that date. Same nature of transactions and agreements applied to respective notes payables including their commencement date and settlement date except that Abdul's is at 14%. (Amounts must be round to TWO decimal places)

A. How much is the subsidiary's real and original value of the equity being bought by the parent?

Select one:

a. P19,098.75

b. P88,950

c. P69,851.25

d. P91,800

B. How much is the increase in the valuation of the assets allocated to parent?

Select one:

a. P19,098.75

b. P16,150

c. P18,656.44

d. P16,233.94

C. How much is the increase in the valuation of the assets allocated to subsidiary?

Select one:

a. P3,450

b. P2,150

c. P4,250

d. P2,850 D. Should there be no increase in the valuation of the assets, how much will be the Goodwill?

Select one:

a. P127,325

b. P143,475

c. P130,175

d. P146,325

E. How much is the total assets of Abdul Company prior to preparing the elimination entries?

Select one:

a. P1,690,525

b. P1,594,025

c. P1,563,200

d. P1,721,350