Question: Hello! Kindly help me with this problem and please attach your solution. You may also explain the solution. Thank you. The deadline is tonight. Hope

Hello! Kindly help me with this problem and please attach your solution. You may also explain the solution. Thank you. The deadline is tonight. Hope you can help

Hello! Kindly help me with this problem and please attach your solution.

2. The Dumaguete City branch of Pablo Enterprises, Negros, was billed for merchandise shipments from home office at cost plus 25% in 2014 and cost plus 20% in 2015. Other pertinent data for 2015 show: Dumaguete Home Branch Office Sales 63,000.00 212,000.00 Inventory, beginning at cost 23,000.00 at billed price 8,900.00 Purchases 164,000.00 Inventory transfers to Dumaguete at cost 42,000.00 From Palo, at billed price 50,400.00 Inventory, ending at cost 28,500.00 at billed price 11,700.00 Expenses 20,300.00 Compute the (1) net income (loss) of Dumaguete City per branch books and (2) The combined net income (loss) of Pablo Enterprises

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