Determine the following:

1. How much is the total employee benefits expense?

2. how much is the amount to be included in thr Other Comprehensive Income?

3. how much is the prepaid/(accrued) benefit cost?

At the beginning of the year, ABC had the following balances with respects to a defined benefit plan: P FV of plan asset 5,000,000 Projected benefit obligation 6,000,000 During the year, the current service cost is P1,550,000. The discount rate is 10% and the expected return on plan assets is 12%. The actual return on plan assets for the year is P650,000. The entity contributed P1,200,000 to the plan