Exercise 1 The following information was derived from the 2013 accounting records of AAA Co. Raw materials Work-in-process Finished goods Manufacturing supplies Construction in progress Equity shares of BBB Co. Biological assets and agricultural produce at the point of harvest Agricultural produce after the point of harvest Goods-in-transit sold to CCC Co. under FOB Shipping Point Goods-in-transit purchased from DDD Co. under FOB Shipping point Goods-in-transit sold to EEE Co. under FOB Destination Goods sold under FOB Shipping point placed in the shipping area as of year-end awaiting pick-up by the shipper Goods-in-transit purchased from FFF Co. under FOB Destination. Finished goods held on consignment from GGG Co. Finished goods sent out on consignment to HHH CO. Freight paid on the goods sent ta HHH CO. P23,000,000 45,000,000 35,000,000 6,000,000 80,000,000 30,000,000 10,000,000 7,000,000 500,000 600,000 800,000 200,000 100,000 600,000 400,000 20,000 AAA Company does not have a subsidiary engaging in stock brokering, how much would be shown as inventory in AAA's consolidated financial statements