please show answer and solution ,thank you

Apollo Company shows the following account balances in their financial records as of December 31, 2021: Checking account at Manila Bank (P20,000) Checking account at Land Bank 500.000 Payroll account - National Bank 100,000 Foreign bank account - restricted 750,000 Postage stamps 22,000 Employees' postdated checks 30,000 1.O.U. from president's brother 75,000 Traveler's checks 50,000 NSF check 18,000 Petty cash fund (P16,000 in currency and expenses receipts for P84,000) 100,000 Cashier's checks 36.000 What is the correct cash balances to be reported in the statement of financial position of Apollo Company on December 31, 2021? O P704,000 OP686.000 P702,000 OP582.000