with solution please

Question 48 2 pts Apollo Company provided the following data for the purpose of reconciling the cash balance per book with the balance per bank statement on December 31: Balance per book P 850,000 Balance per bank 2.000.000 Outstanding checks, including certified check of P100,000 500.000 Deposit in transit 200,000 December NSF check for which P50,000 had been redeposited and cleared on December 27 150,000 Erroneous credit to Apollo's account, representing proceeds of loan granted to another company 300,000 Proceeds of note collected by bank for Apollo, net of service charge of P20,000 750,000 December 27 150,000 Erroneous credit to Apollo's account, representing proceeds of loan granted to another company 300,000 Proceeds of note collected by bank for Apollo, net of service charge of P20,000 750,000 What amount should be reported as cash in bank at year end? P1,450,000 O P1,400,000 OP1,800,000 P1,500,000