The following data were compiled prior to preparing the balance sheet of the San Juan Corporation as

The following data were compiled prior to preparing the balance sheet of the San Juan Corporation as of December 31, 2019:

Authorized common stock, P100 par value

P 2,000,000

Donated capital

       400,000

Revaluation increment on property

       400,000

Unissued common stock

       400,000

Retained earnings, unappropriated

       360,000

Reserve for depreciation

       300,000

Subscribe capital stock

       240,000

Reserve for bond sinking fund

       200,000

Premium on capital stock

       160,000

Premium on bonds payable

       120,000

Stock warrants outstanding

       100,000

Cash dividends payable

          80,000

Treasury stock, at cost

          72,000

Stock subscriptions receivables

          60,000

Net unrealized loss on available for sale securities

          48,000

Gain on sale of treasury stock

          40,000

How much is the Appropriated retained earnings?

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