In your audit of Jean Company's statement of comprehensive income for the year ended December 31, 2019, you noted that the company reported profit of P10,000,000. You raised about the following amounts that had been included in profit:

Unrealized loss on decline in value of assets held at fair value through OCI

P500,000

Loss on write off of inventory due to a government ban net of tax

1,500,000

Adjustment profit of prior year net-debit

2,000,000

Loss from expropriation of property, net of tax

3,500,000

Exchange differences gain on translating foreign operations

4,500,000

Realized revaluation surplus

1,000,000

The loss from expropriation was unusual occurrence in Jean's line of business.

Jean's 2019 statement of comprehensive income should report profit at:

Select one:

a. P7,000,000

b. P8,500,000

c. P9,000,000

d. P6,500,000