The records of ABC Co. show the following: a. Goods sold on an installment basis to...

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The records of ABC Co. show the following: a. Goods sold on an installment basis to XYZ Inc. title to the goods is retained by ABC. Co. until full payment is made. XYZ Inc. took possession of the goods; P750,000 b. Goods sold to Alpha Co. for which ABC Co. has signed an agreement to repurchase the goods sold at a set price that covers all the costs related to the inventory; P680,000 c. Goods sold where large returns are predictable P270,000 d. Goods received from Beta Co. for which an agreement was signed requiring ABC Co. to replace such good in the near future. P580,000 How much is included as part of ABC inventory? The records of ABC Co. show the following: a. Goods sold on an installment basis to XYZ Inc. title to the goods is retained by ABC. Co. until full payment is made. XYZ Inc. took possession of the goods; P750,000 b. Goods sold to Alpha Co. for which ABC Co. has signed an agreement to repurchase the goods sold at a set price that covers all the costs related to the inventory; P680,000 c. Goods sold where large returns are predictable P270,000 d. Goods received from Beta Co. for which an agreement was signed requiring ABC Co. to replace such good in the near future. P580,000 How much is included as part of ABC inventory?