ABC Corporation acquired an option to buy 5,000 shares of XYZ Corp. at a strike price of P300 on a later date. ABC paid a premium of P4,000. On the last day of the option, an XYZ Corp. stock is...

ABC Corporation acquired an option to buy 5,000 shares of XYZ Corp. at a strike price of P300 on a later date. ABC paid a premium of P4,000. On the last day of the option, an XYZ Corp. stock is selling at P280 each. If ABC will be acquiring the XYZ stocks, how much should it pay?