1. Holy Company has three divisions, each of which has been determined to be reportable segment. Common costs are appropriately allocated on the basis of each division's sales in relation to Holy's aggregate sales. In 2019, segment 1 had sales of P6,000,000, which was 25% of Holy's total sales and had traceable operating costs of P3,800,000. In 2019, Holy incurred operating costs of P1,000,000 that were not directly traceable to any of the segments. In reporting segment information, what amount should be shown as segment 1's operating profit for 2019? 2. The following information pertains to Helen Company for the current year: 3. Monetary assets: January 1 December 31 250,000 700,000 Monetary liabilities: January 1 100,000 December 31 300,000 Increase in net monetary items as restated for hyperinflation 3,500,000 Decrease in net monetary items as restated for hyperinflation General price index: 3,000,000 January 1 December 31 125 300 What is the gain or loss on purchasing power for the current year? . Kite Company's financial position, shown below did not change during 2003. The general price index was 125 on January 5 and 140 on December 31, 2003. The balance sheet on January 1 and December 31, 2003 are: Cash Accounts receivable Trading securities Inventory Land Accounts payable Mortgage payable Common stock Retained earnings P 250,000 500,000 400,000 2,500,000 1,350,000 P5,000,000 P1,500,000 500,000 2,500,000 500,000 P5,000,000 What is the purchasing power gain or loss for January 2003