KAYAK MARKETING operates a branch in Makati. On October 31, 2019, the branch Current account had a balance of P300.000. In the process of reconciling the reciprocal current accounts, the items that follow were noted: 1. The Ho had billed the branch P75,000 for merchandise shipment still in transit as of October 31. 2. A HO customer's account for P21,000 collected by the branch on October 26, has not been reported to the . 3. The branch has failed to recognize its P5,000 share of advertising expense paid for by the HO. 4. The branch reported a net income of P43,500 during the fiscal period then ended; this was erroneously taken up as P45,500 by the HO. Assuming that all other transactions related to the HO and its branch are correctly recorded, what is the adjusted balance of the reciprocal current accounts as of October 31, 2019