Suysan Company owns an office building and leases the office under a variety of rental agreements involving rent paid in advance monthly or annually. Not all tenants make timely payments of their rent. Suysan’s balance sheets contained the following data: 2018 Rental Receivable: P192,000 2019 Rental Receivable: P248,000 2018 Unearned Rentals: P640,000 2019 Unearned Rentals: P480,000 During 2019, Suysan received P1,600,000 from tenants. What amount of rental revenues should Suysan record for 2019? P1,708,000 P1,332,000 P1,816,000 P1,440,000

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