From above's information please compute for the following:

1. Individual Net Income of the Branch

2. Total Ending Inventory to be Reported in the Combined Balance Sheet

3. Combined Net Income

Sparta Company set up a branch in a province. The entity and its branch provided the following data for the second year of branch operation: Home Office Branch Sales revenue to outside customers P2,000,000 P100,000 Beginning inventory 100,000 60,000 Purchases from outside supplier 800,000 200,000 Shipment to branch 400,000 Shipment from home office 500,000 Ending inventory 160,000 100,000 Operating expenses 300,000 80,000 The home office to branch markup based on cost is 25% this year and last year. Twenty percent (20%) of the beginning inventory came from an outside supplier. Twenty-four percent (24%) of the ending inventory of the branch came from last year's shipment from the home office, while 50% came from the current year's shipment from the home office