3. The trial balance of Masque Company at December 31, 2021 includes the following accounts: Petty cash fund - P15,000; Cash on hand - P190,700; Metrobank current account - P310,200; Allied Bank current account #1 - P320,000; Allied Bank current account #2 P40,000 credit; Security Bank savings account - P150,000. Additional information: 1. . The petty cash fund consisted of the following items as of December 31, 2021: Currency and coins, P8,500 Employees' advances, P1,800 Currency in an envelope marked "collections for charity with employees' names attached, P2,000 Unreplenished petty cash vouchers, P2,240 Replenishment check drawn by Masque Company payable to the petty cashier, P2,320 2. . Cash on hand includes the following items: Customer's check for P30,000 returned by bank on December 26, 2021 due to insufficient funds, but subsequently redeposited and cleared by the bank on January 10, 2022. Postal money orders received from customers, P18,000 Customer's check for P15,000 dated January 10, 2022 received on December 23, 2021. 3. Included among the checks drawn by Masque Company against the Metrobank current account and recorded in December 2021 are the following: Check No. 1214 written and dated December 22, 2021 and delivered to payee on January 3, 2022, P25,000 Check No. 1219 written December 26, 2020 dated January 30, 2022, and delivered to payee on December 28, 2021, P43,000. 3. The credit balance in Allied Bank current account #2 represents checks drawn in excess of the deposit balance that are still outstanding at December 31, 2021. A right of offset exists in the agreement between Allied Bank and its depositors. The savings account deposit in Security Bank was set aside by the Board of Directors for the acquisition of new equipment. This amount is expected to be disbursed in the next three months from December 31, 2021. 5. 12 a. . What is the correct petty cash balance reported in December 31, 2021 statement of financial position? What is the total amount reported in Masque Company's December 31, 2021 statement of financial position as cash on hand and in banks? 5. b