Jessica set up an online shop, selling work-from-home supplies. Given the struggles of having a work-life balance, Jessica wrote down the following items in her business book. On hand: 20 Keyboards (retail price P1,000) at P400 each P8,000 On hand: 10 pcs desk lamp (retail price P350) at P100 each 1,000 Mac laptop for her online shop 90,000 In-transit (FOB Manila): 100 faux leather desk cover (retail price P600) at P300 each 30,000 In-transit (FOB Beijing): 50 ring lights (retail price P1,000) at P450 each 22,500

How much should she report as total inventory?

a. 31,500

b. 9,000

c. 61,500

d. 39,000