On December 1, 2014, Super Store received 1,000 leather jackets on consignment from Star Company. Stars cost for the leather jackets was P1,600 each, and they were priced to sell at P2,000. Commission rate was 10%. 200 leatherjackets remained. What amount should Super Store report as payable for consigned goods in its December 31, 2014 statement of financial position?

1,600,000

1,800,000

360,000

1,440,000