On November 12, 2022, Panganiban Company entered into a non-cancelable purchase commitment with Eliseo Company, an unrelated entity. The contract requires Panganiban Company to purchase 15,000 units of inventory at a contract price of P310 per unit on March 30, 2023.

What amount of loss on purchase commitment should Panganiban Company recognize on December 31, 20227

a.0

b.600.000

c.150.000

d.450,000