Items 52 to 54 are based on the following: Lithuania Company is a wholesale distributor of automotive replacement parts. The entity revealed the following initial amount on December 31, 2020 : Inventory P2,500,000; Accounts payable P2,000,000; Sales P18,000,000. Additional information: . . Parts in transit on December 31, 2020 to customers, shipped FOB shipping point, on December 28, 2020 amounted to P68,000. The customers received the parts on January 6, 2021. Sales of P80,000 to the customers for the parts were recorded by Lithuania Company on January 2, 2021. Retailers were holding P420,000 at cost and P500,000 at retail, of goods on consignment from Lithuania Company at their stores on December 31, 2020. Goods were in transit from a vendor to Lithuania Company on December 31, 2020. The cost of goods was P50,000. The goods were shipped FOB shipping point on December 29, 2020. Parts held on consignment from another entity to Lithuania Company the consignee, amounting to P330,000, were included in the physical count on December 31, 2020, and in account payable on December 31, 2020. P40,000 of parts which were purchased and paid for in December 2020 were sold in the last week of 2020 and appropriately recorded as sales of P56,000. The parts were included in the physical count on December 31, 2020, because the parts were on the loading dock waiting to be picked up by the customers. 52. What is the correct amount of Sales? 53. What is the correct amount of Accounts Payable? 54. What is the adjustment amount of Inventory, end