Ricard Farm Inc processes animal meat. On January 1, 2021, the company had a herd of ten, four-year old animals with fair value less cost to sell of P 3,000 each. On July 1, the company purchased five, 4.5-year old animals for P3,300 each. Also, two animals were born on the same date.

The per-unit fair value less cost to sell were as follows:

Four-year old animal (January 1, 2021)	3,000.00
Newborn animal (July 1, 2021)	500.00
4.5-year old animal (July 1, 2021)	3,300.00
Newborn animal (December 31, 2021)	550.00
.5 year old animal (December 31, 2021)	590.00
Four-year old animal (December 31, 2021)	3,500.00
4.5-year old animal (December 31, 2021)	3,770.00
Five-year old animal (December 31, 2021)	4,200.00

No animals were sold, disposed, or died during the period.

1. Compute for the value of the biological assets on December 31, 2021. 2. Compute for the price change. 3. Compute for the physical change.