19. Samsan Company, a start-up company which developed its own data imaging algorithm, is trying to estimate the value of their company. Their latest financial statements showed the following information: VALUATION CONCEPTS AND METHODOLOGIES 1,250,000 Current Assets Non-current Assets Current Liabilities Non-current Liabilities 4,000,000 1,500,000 850,000 250,000 Part of their non-current assets is a patent for the technology they developed which has a recorded balance of P2,500,000. An equity investor is looking at buying the company. Samsan Company tried to trace back the costs of developing the patent and determined that the reproduction cost of that particular patent is at P3,000,000. What is the book value of Samsan Company? a. Php5,250,000 b. Php5,000,000 c. Php4,150,000 d. Php4,000,000 20. Refer to Samsan Company. What is the reproduction value of Samsan Company? a. Php5,000,000 b. Php4,650,000 c. Php4,150,000 d. Php4,000,000