Answer the following and provide the solution

PROBLEM 1 On August 1, the merchandise inventory of Idggy Tires and Battery Shop was P165,256.13 and its purchases after that date amounted to P110,901.45. On September 30, the shop inventory was P98,542.63. Question: How much goods were sold? Show your proper solution, computerized and box your final answer.

PROBLEM 2 2. The total sales of Rona Department Store during the month of December were P5,976,418.12. The cost of goods during the month was P2,324,080.25. The expenses were as follows: Salaries and wages P170,910.83 Rent P350,000.00 Light and Water Bills P418,265.34 Miscellaneous Expenses P120,450.25 Some sales merchandise returns amounted to P1,480,980.00 Question: Find the following: a.) Gross Profit b.) Operating Expenses c.) net profit for the month of December, 2020.