with solutions please

ZYX company had the following balances in its books for December 31, 2021: December 31, 2020 Inventory includes the following: 1. December 31, 2020 FOB shipping purchases that arrived in January 10, 2021 - P100,000 2. December 29, 2020 FOB destination purchases that arrived January 3, 2021 - P200,000 2,000,000 Purchases made for the year 2021 3,200,000 Purchase returns and allowances (30,000) December 31, 2021 inventory (including P425,000 goods in its warehouse consigned to it by ABC Co.) 2,500,000 How much should it report as Cost of Goods Sold (COGS)? O P2,670,000 O P2,995.000 O P2.895,000 P3,095,000