What Is It Activity 1.2 Harry Bookstore (Performance Task see rubric) Harry Bookstore sells books that is used in classes such as workbook and coloring books. All the enrolled students (150 students) purchased the three (3) prescribed (sells) books at P500.00 each. The books cost (bought) at P200.00 each. Also, sales of various school supplies amounted to P 500,000. Costs of these school supplies amounted to P 250,000. The monthly salary of the bookstore manager is P20,000. The store is manned by one (1) clerk with monthly salary of P6,000. Utilities expense for the year total P80,000, of this amount, 25% is for the small office at the back of the bookstore. Depreciation for store fixtures amounted to P50,000. Requirement: Prepare the multi-step income statement for the year ended December 31, 2017 for Harry Bookstore