Can someone help me? need detailed solution. Round off the rates 2 decimal places (24.35%) but round-off the final answer to the nearest peso.

PROBLEM 3: The following selected accounts appeared in the trial balance of the KAD Sales as of December 31, 2018 before adjustment: IAR - 2017 sales P 6,000 Repossessions P 1,200 IAR - 2018 sales 80,000 Installment Sales 170,000 Inventory. Dec. 31, 2017 28,000 Regular Sales 154,000 Purchases 222,000 DGP - 2017 21,600 Operating Expenses 46,000 Additional Information: a) IAR - 2017 sales balance as of December 2017 amount to 60,000. Inventory of new and repossessed merchandise as of December 2018 amount to 38,000 C) GP rate on regular sales during the year is 30% based on sales d) Repossession was made during the year and was recorded correctly. It was a 2018 sale and the corresponding uncollected account at the time of the repossession was 3, 100. Questions to answer: 8. How much is the loss on repossession? 9. What are the GP rates for 2017 and 2018? 10. How much is the Net income for the year 2018