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The following balances were reported by ABC Co. at December 31, 2020 and 2019: 12/31/20 12/31/19 Inventory P2,600,000 P2,900,000 Account payable 750,000 500,000 ABC Co.

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The following balances were reported by ABC Co. at December 31, 2020 and 2019: 12/31/20 12/31/19 Inventory P2,600,000 P2,900,000 Account payable 750,000 500,000 ABC Co. paid suppliers P4, 900,000 during 2019. How much is the cost of goods sold in 2019

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