Michael Company has been experiencing significant losses in prior years. On December 31, 2019, the assets and liabilities are: Cash P15,000,000 Accounts receivable 25,000,000 Allowance for doubtful accts 2,500,000 Inventory 30,000,000 Land 20,000,000 Building 55,000,000 Accum. depreciation - building 5,000,000 Goodwill 4,000,000 Accounts payable 25,000,000 Loans payable 15,000,000 The entity determined that the value in use of the CGU is P132,500,000. The accounts receivable are considered collectible, except those considered doubtful. The fair value of the land is reliably determined to be P19,500,000. The carrying amount of the inventory after allocation of impairment loss is