BPI Company provided the following data during year-end (December 31, 2017): Petty cash fund-P50,000 Cash on hand - P500,000 Cash in bank Current account - P4,000,000 Cash in bank - Payroll account - P1,000,000 Time deposit - P2,000,000 Cash in bank, restricted for plant addition (Expected to be disbursed next year) - P500,000 Cash in sinking fund, set aside for bond payable due next year - P1,500,000 The petty cash fund included unreplenished December 2017 petty cash expense vouchers of P5,000 and employee IOU of P5,000. The cash on hand included a P100,000 check payable to the entity dated January 31, 2018. In exchange for a guaranteed line of credit, the entity has agreed to maintain a minimum balance of P200,000 in the unrestricted current bank account. What is the amount of cash and cash equivalents by year-end? BDO Company provided the following data: Savings Account - P10,000,000 Treasury Bills (3 months before maturity) - P1,000,000 3-month Time Deposit - P5,000,000 Current Account - P15,000,000 The cash in bank included P1,000,000 of compensating balance against short term borrowing arrangement on December 31, 2017. The compensating balance is not legally restricted as to withdrawal. A check of P3,000,000 dated January 31, 2018 in payment of accounts payable was recorded and mailed on December 31, 2017. What amount should be reported as Cash on December 31, 2017