PROB 5-12 (AICPA) The Chervy Co. owns 75% of the Holden Co. The following figures are from their separate financial statements: Chevy Co. Trade receivables P 1.040.000, including P30, 000 due from Holden. Holden Co. Trade receivables P215, 000, including P40,000 due from Chevy. According to PAS 27, Consolidated and Separate Financial Statements, what figure should appear for trade receivables in Chevy's consolidated statement of financial position? a. 1,215,000 b. 1,225,000 c. 1,255,000 d. 1,185,000