PUMASA AKO Company and its subsidies own the following properties that are accounted for in accordane with international accounting standards: >Land held by the parent for undetermined use= P6,000,000 >A vacant building owned by the parent and to leased out under an operationg lease= P2,500,000 >Property held by a subsidiary, a real estate firm, in ordinary course of business= P2,000,000 >Property held by the parent for use in production= P4,000,000 >Building owned by a subsidiary and for which the subsidiary provides security and maintenance services to the lessees= P2,000,000 >Land leased by the parent to a subsidiary under an operating lease= P2,500,000 >Property under construction for use as investment property=P 4,000,000 >Land held for future factory site= P3,500,000 >Machinery leased out by the parent to an unrelated party under an operating lease= P1,000,000 How much is the total investment property that should be repoted in the consolidated statement of financial position of PUMASA AKO Company and its subsidiaries?
PUMASA AKO Company and its subsidies own the following properties that are accounted for in accordane with international accounting standards:
>Land held by the parent for undetermined use= P6,000,000
>A vacant building owned by the parent and to leased out under an operationg lease= P2,500,000
>Property held by a subsidiary, a real estate firm, in ordinary course of business= P2,000,000
>Property held by the parent for use in production= P4,000,000
>Building owned by a subsidiary and for which the subsidiary provides security and maintenance services to the lessees= P2,000,000
>Land leased by the parent to a subsidiary under an operating lease= P2,500,000
>Property under construction for use as investment property=P 4,000,000
>Land held for future factory site= P3,500,000
>Machinery leased out by the parent to an unrelated party under an operating lease= P1,000,000
How much is the total investment property that should be repoted in the consolidated
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