Blue Corp.'s December 31, 1991, balance sheet contained the following items in the long-term liabilities section: 9 % registered debentures, callable in 2002, due in 2007 700,000 9 % collateral trust bonds, convertible into common stock beginning in 2000, due in 2010 600,000 10% subordinated debentures (P30,000 maturing annually beginning in 1997) 300,000 What is the total amount of Blue's term bonds?