37. ABC Company provided the following data on the sale of his personal property sold in 2018 held by him for 15 months Cost P225,000 Mortgage assumed by the buyer 270,000 Installment Collection Schedule: 2018 67,500 2019 67.500 2020 45,000 How much is the selling price? points: 1 a) P 450,000 b) P 270,000 c) P 180,000 d) P225,000 38. How much is the contract price? points: 1 a) P 450,000 b) P 270,000 c) .P 225,000 d) P 180,000 39. How much is the initial payment? points: 1 a) P 67,500 b) P 112,500 c) P45,000 d) P 225,000 40. How much is the gross profit? points: 1 a) P 67,500 b) P 112,500 c) P 225,000 d) None of the choices