The answer is P350,000. I just need the complete solution.

MNO Company imported a new machine at a peso equivalent of P330,000. The company has to pay additional cost of importing the asset such as P10,000 import duties and P15,000 value-added taxes. Costs of transporting the asset was P5,000 and cost of preparing the asset for its intended use include P5,000 installation. How much is the initial cost of the machine