50. SPC Corp. purchased a machine on Dec 31, 2021 in exchange for a noninterest bearing note that required eight installment of P200,000. The first payment was made on Dec 31, 2021, and further payments are due on Dec 31 each year. The current rate of interest on this type of note was 11% at the time of issuance.

Bearer plants Consumable plants Bearer animals Consumable animals Animals related to recreational activities Agricultural produce growing on bearer plants Agricultural produce harvested Agricultural land 2,500,000 1,000,000 1,500,000 1,250,000 900,000 750,000 600,000 3,000,000 Q. Which of the following would be classified as biological assets Bearer plants Consumable plants Bearer animals Consumable animals Animals related to recreational activities Agricultural produce growing on bearer plants Agricultural produce harvested Agricultural land 2,500,000 1,000,000 1,500,000 1,250,000 900,000 750,000 600,000 3,000,000 Q. Which of the following would be classified as biological assets