Illustrative 9: Trumpet Co. consigned eight heavy machineries to Cold Breeze Co. Each machine costs P 1,000,000 and has a suggested retail price of P 2,100,000. Trumpet paid P 200,000 in transporting the machines to the consignee's place of business. At the end of the period, Cold Breeze reported three unsold machines and remitted the collections on sales during the period, after deducting the following: Commission (based on sales net of commission) Finder's fee (based on commission) Delivery, installation and testing (on each unit sold) 20% 5% P 50,000 Materials generated from the testing were sold for P 5,000 and included in the remittance to Trumpet Co. Required: 1. How much profit is earned by the consignor from the sale? 2. How much was the net remittance to the consignor? 3. How much is the cost of the unsold machineries?