17. The following pertains to Smile Company's biological assets: Price of the asset in the market P5,000 Estimated commissions to brokers and 500 dealers Estimated transport and other costs necessary to get asset to the market 300 Selling price in a binding contract to sell 5,200 The entity's biological assets should be valued at a. P4,700 c. P4,400 b. P4,500 d. P4,200