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investment properties ABC Company and its subsidiaries provided the following properties owned by the group. Land held for undetermined future use P1,000,000 Vacant building to

investment properties

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ABC Company and its subsidiaries provided the following properties owned by the group. Land held for undetermined future use P1,000,000 Vacant building to be leased out under an operating lease 2,000,000 Property held for use in production 4,000,000 Property held by a subsidiary, a real estate firm, in the ordinary course of business 3,000,000 Building owned by subsidiary and for which the subsidiary provides security and maintenance services to the lessees 2,500,000 Land leased to a subsidiary under an operating lease 1,500,000 Land leased to a subsidiary under a finance lease 2,000,000 Equipment leased out under an operating lease 500,000 Building under construction for use as investment property 3,500,000 Required In the consolidated statement of financial position of ABC Company and its subsidiaries, what total amount should be reported as investment property

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