Pizza Corp. has a group of thirty 2-year-old cattle which was held on January 1, 2020. On this same date, additional five 2-year-old cows were purchased for P12,500 each and 5 healthy calves were born. No cows or calves were disposed of during the period. Per unit fair values less costs to sell were:

January 1, 2020

2-year-old cattle- P12,500

Newborn cattle- P4,000

December 31, 2020

3-year-old cattle- P15,000

2-year-old cattle- P13,000

1-year old cattle- P7,000

Newborn cattle- P4,500

The company records separately the increase in fair value less cost to sell due to physical change and change in fair value less cost to sell due to price change.

How much shall be taken to profit or loss as a gain arising from change in fair value less cost to sell due to (1) physical change and (2) price change?

A. (1) P 82,500 ; (2) P 20,000

B. (1) P 20,000 ; (2) P 82,500

C. (1) P 20,000 ; (2) P 102,500

D. (1) P 102,500 ; (2) P 20,000