MBC Manufacturing Company produces three products from a joint process and allocate joint costs using the relative sales value method. Product A, Product B, and Product C. The joint costs for the last quarter of the current year are given below:

Materials P800,000

Direct Labor P1,200,000

Manufacturing overhead P600,000

Total: P2,600,000

The revenue from each product are as follows: Product A, P1,720,000; Product B, P1,280,000 and Product C, P1,000,000

Management is considering processing Product A beyond the split off point, which would increase the sales value of the Product A to P3,050,000. However, to process Product A, further means that the company must rent some special equipment costing P700,000 per quarter. Additional materials and labor also needed would cost P500,500 per quarter.

The incremental profit resulting from processing further Product A is.