Ganduyan Inc. and Bucks Co. are joint operators of a baseball equipment company. Each joint operator retains control over the assets contributed to the joint operation and share equally in the profits and losses of the joint operation. During the year, Ganduyan Inc. earns revenue of P500,000 from its own operations. Sales of the baseball equipment company amount to $200,000. How much total revenue shall be reported in Ganduyan Inc.'s statement of profit or loss for the year? A. 700,000 B. 600,000 C. 500,000