3. Shipping Terms and Inventoriable Cost. Super Sale Club reported inventory of P36,400 at December 31, 2020, end of its fiscal year. You discovered that the inventory amount included the following: Merchandise costing P3,700 ordered on December 22, 2020; shipped to the company FOB destination and arrived on January 2, 2021. Merchandise costing P4,800 held on consignment. Merchandise costing P6,200 ordered from a supplier on December 26, 2020; shipped FOB shipping point on December 28 but had not arrived by December 31. Merchandise costing P5,900 ordered by a customer on December 27, 2019; shipped FOB destination on December 29, 2020 for arrival at the customer's warehouse on January 5, 2021. Compute the correct amount of inventory to be reported in Super Sale's December 31, 2020 statement of financial position