Light Co. reported rent income of P600,000 under cash basis accounting for 2020. Additional information as follows: Unearned rental income, December 31, 2019, 50,000 Unearned rental income , December 31, 2020, 75,000 Accrued rental income , December 31, 2019, 30,000 Accrued rental income, December 31, 2020, 40,000 How much is the rental collection on 2020

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