For numbers 14 and 15, refer to the following given information: BTS Clothing Store sells jackets. During January 2020, its inventory records for one brand of designer jackets were as follows: Particulars Units and Cost Information Beginning Inventory 10 pairs @ P20.00 = P200.00 Purchased, January 6 4 pairs @ P25.00 = P100.00 Sold, January 10 5 pairs Purchased, January 15 7 pairs @ P30.00 = P210.00 Sold, January 20 10 pairs Purchased, January 25 4 pairs @ P30.00 = P120.00 14. Using this information, what is the periodic FIFO cost of goods sold? 15. Given the information for BTS Clothing Store above, what is the cost of goods sold computed using the perpetual average cost method? For numbers 16 and 17, refer to the following given information: Trumper Company reported the following net income amounts: Year Amount 2017 P42,000 2018 67,000 2019 78,000 In 2020, the company discovered errors that had been made in computing the ending inventories for 2017 and 2018, as follows: Year Particulars 2017 Ending inventory overstated by P9,000 2018 Ending inventory understated by P6,000 16. What is correct net income for 2017? 17. Given the information for Trumper Company above, what is the amount of adjustment for cost of goods sold in 2018? Indicate if the adjustment is an INCREASE or a DECREASE