The following information are extracted from the books and records of the Home office and its branch. The balances are at December 31, 2019:

Description	Home office books	Branch books
Sales		P200,000
Shipments to branch	P60,000
Shipments from home office		80,000
Purchases		30,000
Expenses		60,000
Beginning inventory		20,000
Allowance for overvaluation	24,000

There are no shipments in transit between the home office and the branch. Both shipments are properly recorded. The ending inventory at billed price includes merchandise acquired from the home office in the amount of P20,000 and P6,000 acquired from vendors for a total of P26,000. How much of the branch beginning inventory was acquired from outsiders?

SHOW SOLUTION

Group of answer choices

8,000

10,000

4,000

12,000