La Bianco Company purchased land for a manufacturing facility for P1,100,000. The company paid P70,000 to tear down a building on the land. Salvage was sold for P10,500. Legal fees of P6,500 were paid for title investigation and making the purchase. Architect's fees were P40,500. Title insurance cost P4,500, and liability insurance during construction cost P13,500. Excavation cost P12,000. The contractor was paid P1,357,000. A one-time assessment made by the city for sidewalks was P7,500. La Bianca installed lighting and signage at a cost of P11,000. The cost of the building that should be recorded by La Bianca is O P1,432,000 O P1,423.000 O P1,357,500 O P1,505,500 Question 75 2 pts Momeyer Corporation reports: Cash provided by operating activities - P250,000 Cash used by investing activities - P110,000 Cash provided by financing activities - P140,000 Beginning cash balance - P70,000 What is Momeyer's ending cash balance? O P500,000 OP570,000 O P350,000 O P280,000