Below are the data taken from Jacques Trading Company as of April 30, 2020:

Accounts Payable 119,000 Accounts Receivable 139,200 Advertising Expense 12,000 Accumulated Depreciation--Buildings 31,500 Allowance for Doubtful Accounts 2,550 Buildings 315,000 Capital Stock, P10 par 450,000 Cash 45,750 Dividends 12,000 Freight-In 10,500 Insurance Expense 2,100 Interest Expense 5,295 Interest Revenue 1,335 Land 78,000 Long-Term Investments 12,150 Merchandise Inventory, April 30, 2019 104,850 Mortgage Payable 43,500 Notes Payable--Short-Term 24,000 Office Expense 28,800 Purchases 521,130 Purchase Discounts 12,150 Retained Earnings, April 30, 2019 13,695 Sales 745,000 Sales Discounts 24,750 Sales Returns 14,400 Selling Expense 94,050 Supplies Expense 3,450 Real Estate and Payroll Taxes 19,305Adjustments on April 33, 2020 are required as follows: {a} {bl {E} {d} {E} if} is} (M ii} [ii The merchandise inventory on hand is P135315. The allowance for doubtful accounts is to be increased to a balance of P5253. Buildings are depreciated at the rate of 5 percent per year. Accrued selling expenses are P6,DT5. There are supplies of P1,D5D on hand. Prepaid insurance at December 31, 2004, totals P1390. Accrued interest on longterm investments is P353. Accrued real estate and payroll taxes are P1,1}'D. Accrued interest on the mortgage is P240. Income tax is estimated to be 30 percent of the income before income tax {round to nearest peso}