Angry Co. acquired a 20% interest in Misery Co many years ago. On January 1, 20x1, Angry acquired an additional 40% interest in Misery for P300,000. On this date, Misery's net identifiable assets have a fair value of 690,000, and Angry's PHI has a carrying value of P128,000 and a fair value of P138,000. Angry opted to measure the NCI at 'proportionate share. How much is the goodwill? Record the transaction if the PHI was classified as Investment

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