The following information pertaining to the year-end adjustment is available:

1. The P360,000 prepaid advertising represents expenditure made on November 1, 2018 for monthly
advertising over the next 18 months.
2. A count of engineering supplies at May 31, 2019 amounted to P90,000.
3. Depreciation on the surveying equipment amounted to P 160,000.
4. One-third of the unearned survey revenues have been earned at year-end.
5. At year-end, salaries in the amount of P140,000 have accrued.
6. Interest of P60,000 on the notes payable has accrued at year-end