Your audit of the cash account of Leila Corporation reveals the following information: (1) Savings account of P1,500,000 and commercial checking account of P800,000 with Metropolitan Bank and Trust Company. Balances were taken from Leila's general ledger. (2) Three certificates of deposit with Metro Bank, each totaling P1,000,000, with maturity dated of 90 days and less. (3) Money market placements with Axa Group of Companies, not intended to be terminated until 2017, P3,000,000 face amount. Last value date was December 29, 2017 on which date, cumulative income earned on the instrument is P200 000