Holl Lim Baua has three divisions, each of which has been determined to be reportable segment. Common costs are appropriately allocated on the basis of each division's sales in relation to Holl's aggregate sales. In 2014, segment 1 had an operating profit of Php1,440,000, while Holl's sales amounted to Php24,000,000. Segment l's sales is 83 1/3% of segment 2's, while segment 2's sales is 66 2/3% of segment 3's sales. In 2014, Holl Lim Baua incurred operating costs that were not directly traceable to any of the segments. Each segment's traceable costs over sales is 50 2/3% for Segment 2; and 76% for Segment 3. Segment 1's traceable costs is five times its share in Holl's common costs. Based on the mentioned segment information, what amount should be shown as Holl Lim Baua's operating profit? Select the correct response: Php6,000,000 Php8,344,000 Php5,304,000 Php2,640,000