Below is the financial condition accounts for the month-ended August 31, 2017 and September, 2017 transactions of Tulong sa Bayan Hospital. Total Assets P20,500,250 Endownment Investments P5,250,000 which part of Total Assets Total Liabilities P5,250,500 Unrestricted Net Asset is 60% of Total Net Assets Temporary Restricted Net Assets is 15% of Total Net Assets September, 2017 Transactions 1. Daily Patient Services on accounts P5,750,300 2. Cash collections on accounts a. Cash collections P2,500,250 b. Doubtful Accounts P150,300 3. The charity care of the hospital has not been met and this is unrecorded transaction under accounts P320,100 4. Inventory acquired P950,750, payment made is P825,500 5. Drugs and supplies requisitioned P975,500 6. Salaries paid P925,250 7. Additional endownment investment P1,500,000, only 85% was paid in cash Compute the following: Result of operations for the month of Sept, 2017 (rounded off to the nearest peso)

ASAP, it will be appraised