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2. Malou Phet has a small store. Last month, she purchased merchandise costing P75,000.00 for which she paid freight of P7,500.00 She sold 60% of

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2. Malou Phet has a small store. Last month, she purchased merchandise costing P75,000.00 for which she paid freight of P7,500.00 She sold 60% of the merchandise for P68,000.00 after spending for various expenses totaling P13,000.00. She also paid P2,000.00 for interest on money she borrowed for her store

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