please solve.

PROBLEM SOLVING : Read & Solve each item carefully. Complete solution is required. 1. Company's Cost of Goods Sold amounted to Php285,000. Net cost 4. Compute for the Cost of of purchases totaled Php85,000. Goods Sold using the Beginning inventory amounted to following: Php250,000. Sales amounted to Sales - 15,000 Php 500,000. Compute for the Purchases - 2,000 company's Ending Inventory. Purchase returns - 200 Purchase discounts - 200 Provided here is an excerpt from the worksheet of Choi Sulli Company's third Freight in - 100 2. month of operations: Beginning inventory - 1,000 Trial Adjusted Ending inventory - 500 Balance Trial Balance Profit or Debit Debit Loss Credit) (Credit) Credit Cash 320.000 320.000 Accounts Receivable 124,000 124,000 PROFIT Office Supplies Inventory 10.000 8,000 Prepaid Expenses - Insurance 42.000 30,000 LOSS Prepaid Expenses - Rent 24,000 20,000 Equipment 542.000 542.000 Accumulated Depreciation (11.583) (17.375) Service Revenue 159,000 Commissions Revenue 12.000 Other expenses amount to P65,000. How much is the company's net income for the month ended? 3. Gross profit of Happy Selling 5. Happy Selling's Sales amounted amounted to Php 175,000. to Php 500,000. Sales returns and Beginning Inventory totaled Php sales discounts amounted to Php 250,000. Ending Inventory 30,000 and Php 10,000 amounted to Php 50,000 while Net respectively. Purchases of the Cost of Purchases totaled Php company totaled Php 100,000 while 85,000. Compute for Happy's Net purchase returns and purchase Sales. discounts amounted to Php 20,000 and Php 10,000 respectively. How much is the company's Net Sales? Net Purchases