On July 1, 2022, Giordano, Inc. acquired most of the outstanding ordinary stock of Esprit Company for cash. The incomplete working paper elimination entries on that date for the consolidated statement of financial position of Giordano, inc. and its subsidiary are shown below: 2,437,500 Stockholders' equity - Esprit Investment in Esprit 1,584,375 853,125 Non-controlling interest Inventories 62,500 312,500 Equipment Patent 61,250 Goodwill ? 468,750 Investment in Esprit Non-controlling interest ? Included in the purchase price is a control premium of P68,750. The amount of goodwill to be reported in the consolidated statement of financial position on July 1, 2013: (1) Assuming non-controlling interest is measured at fair value (2) Assuming non-controlling interest is measured at the proportionate or relevant share (3) Assuming non-controlling interest is measured at fair value. The fair value of the non-controlling interest is P1,150,000. B. A. P179,135; P185,188; P260,625 P284,904; P253,938; P398,125 C. P247,885; P185,188; P329,375 D. P185,188; P284,904; P260,625 10)On January 1, 2022, A acquired a 50% interest in B for P60 million. A already held a 20% interest which had been acquired for P20 million but which was valued at P24 million at January 1, 2022. The fair value of the NCI at January 1, 2022 was P30 million, and the fair value of the identifiable net assets of B was P110 million. How much is the goodwill to be recognized as a result of the business combination? A P3,000,000 C. PO B. P7,000,000 D. P4,000,000