4. There are 5 On-Going Projects valued at Php31.85 M. The acquisition cost for the land is Php2.28M. The transaction costs, including geotechnical, building plans & permits, registry of deeds and municipal documents, taxes, taxes, goodwill incentives, and among others, amount to Php920K. The Cost of Construction is Php12.5M. The Cost of Revenue was borrowed from 60% investors and 40% Home Development Mutual Fund. Although both have 6% rate of interest per annum, the payment schedule are distinct. The tenor of payment for HDMF is 25 years while for the investors is 7 years. For the payment that will be made for investors, 2 years will be made monthly with interest only and 5 years will be made monthly with capital and interest. If the monthly potential income of the 5 projects is Php240,000 and the monthly expense is Php19,200, calculate the monthly Cash Flow of the projects