ABC companys total equity for 2019 amounted to P1,000,000. There was a 10% and a 20% increase in equity for the next 2 years. Withdrawals were P7,500 for 2020. No additional investments were made during 2020, and P35,000 for 2021. The combination of additional investments and net income for 2021 amounted to 105% of the increase in equity for 2020.

1. How much was the 2020 Net Income?

2. How much was 2021 Withdrawals?

3. How much was 2021 Net Income?

4. How much was Ending Equity for 2021?