In case of jewelry dealers, dealers of precious metals or dealers of precious stones, what is the quantitative threshold for any transaction in cash or other equivalent to be considered reportable transaction to Anti-Money Laundering Council?

a. A transaction with amount exceeding P1,000,000

b. A transaction with amount exceeding P100,000

c. A transaction with amount exceeding P500,000

d. A transaction with amount exceeding P5,000,000

please do explain the answer