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Charles Company owns a building that originally cost P400,000 and has a current book value of P250,000. Charles Company would like to purchase a new

Charles Company owns a building that originally cost P400,000 and has a current book value of P250,000. Charles Company would like to purchase a new building for P600,000. If the new building is purchased, the existing building would be sold for P380,000. Charles Companys income tax rate is 40%. If the new building is purchased, the relevant initial cash flows would total:

Group of answer choices

P372,000

P272,000

P392,000

P292,000

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