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Problem 2. On January 2, 201?, D Corporation purchased 80% of the outstanding shares of C Company for P 4,750,000. At that date, C had P 4,000,000 of ordinary shares outstanding and retained eamings of P 1,800,000. 0 0'5 equipment with a remaining life of 5 years had a book value of P 2,250,000 and a fair value of P 2,630,000. C's remaining assets had book value equal to their fair values. 0 All intangibles except goodwill are expected to have remaining lives of 8 years. c The income and dividend gures for both D and C are as follows: Net income of D in 2017 is P 900,000; 2018 is P 1,100,000. Net income ofC in 2017 is P 340,000; 2018 is P 510,000. 0 Dividends of D in 2017 is P 220,000; 2018 is P 390,000. Dividends of C in 2017 is P 10,000; 2018 is P 130,000. a D's retained earnings balance at the date of acquisition was P 3,450,000. How much is the consolidated retained earnings attributable to controlling interest in 2018? Share of D Corporation in the adjusted and undistributed earnings of 0 Company in 2017? How much is the consolidated prot in 2018? How much is the non-controlling interest in net assets in 2017