Mia Co. reported Cash and Cash Equivalent of P53,040 on December 31, 2018. Additional data are as follows: Commercial paper, maturity in 80 days (included in the balance above) P4,982 Check payable to Mia Co dated January 16, 2020 that was in the safe and was not included in the cash balance above. P5,326 Check payable to Mia's supplier recorded December 29 but not mailed until January 2 of the following year P3,853 Required: Determine the amount of cash' on the entity's Statement of Financial Position as of December 31, 2018