Lipton Company had an agency in Antipolo. For the period just ended, the agency transactions showed the following: The agency had P100,000 receivables and P50,000 payables as of the end of the period. Also, they were inventories on hand of P90,000 and unused advertising supplies of P6,000. The agency was set up as an experiment for one period and would be closed if losses were incurred. The agency should: Review again because it was a break-even operation. Close with the period's operational loss of P9,000. Close with the period's operational loss of P155,000. Continue with the period's pro t of P25,000.