On Apr. 1, 2024, Mariko Corp. purchased 25,000 ordinary shares of Anjin Corp. at P180 per share which reflected book value as of that date. At the time of the purchase, Anjin had 100,000 ordinary shares outstanding. The entity paid transaction costs of P67,500. The first quarter statement ending Mar. 31, 2024, of Anjin recorded Profit of P480,000. For the year ended Dec. 31, 2024, Anjin reported profit of P2,400,000. Anjin paid the entity dividends of P60,000 on June 1, 2024, and again P60,000 on Dec. 31, 2024. The shares of Anjin are selling at P190 per share on Dec. 31, 2024