#19 The beginning balances of a business amounted to P3,200,000 and P1,500,000 for total assets and total equity, respectively. Total liabilities decreased by P400,000 while the equity increased to...

#19

The beginning balances of a business amounted to P3,200,000 and P1,500,000 for total assets and total equity, respectively. Total liabilities decreased by P400,000 while the equity increased to P1,600,000. Determine the ending balance of total assets.