answer the following and show your solution

Problem 14-1 (AICPA Adapted) Zeta Company reported sales revenue of P4,600,000 in the income statement for the year ended December 31, 2021. The entity wrote off uncollectible accounts totaling P50,000 during the current year. 2020 2021 Accounts receivable 1,000,000 1,300,000 Allowance for uncollectible accounts 60,000 110,000 Advances from customers 200,000 300,000 Under cash basis, what amount should be reported as sales for the current year? a. 4,400,000 4. 40 b. 4,350,000 C. 4,300,000 d. 4,250,000