D Question 13 1 pts Miltank Company is a merchandiser that plans to sell 15,000 units during the next quarter at a selling price of P120 per unit. The company gathered the following cost estimates for the next quarter: Cost: Cost Formula: Cost of Goods Sold P 42 per unit sold Advertising Expense P 210,000 per quarter Sales Commissions 6% of Sales Shipping Expense P 28,000 per quarter + P9.10 per unit sold Administrative Salaries P 145,000 per quarter Insurance Expense P 9,000 per quarter Depreciation Expense P 76,000 per quarter Using the traditional format income statement for the next quarter, the OPERATING EXPENSES is P