Preferred shares: P14,560 Goodwill: P1,728,000
Preferred shares: P17,280 Goodwill: P576,000
Preferred shares: P11,520 Goodwill: P576,000
Preferred shares: P5,760 Goodwill: P1,728,000
*correction: investment fmv is referring to inventory
Extracted text: Dodosolsol Inc., a new corporation formed and organized of the recent consolidation of Lalasol Inc. and Star In., shall issue 10% participating preferred stocks with a par value of P100 for Lalasol and Star net assets contributions, and common shares with a par value of P50 for the difference between the total shares to be issued and the preferred shares to be issued. The total shares to be issued Dodosolsol shall be equivalent to average annual earnings capitalized at 10%. Relevant data on Lalasol and Star follows: Lalasol P1,440,000 864,000 92,160 Star Total Assets P1,843,200 691,200 138,240 Total Liabilities Annual Earnings (average) The total preferred shares to be issued and the amount of goodwill to be recognized by Dodosolsol are: