Mrs$.$ Simpson opened a donut shop in $2023$ and business has been doing well. She was very happy in December because her sales tripled due to the Christmas holidays Mrs$.$ Simpson wants to see the transactions that happened and wants to know how much profit she made in December. Help Mrs$.$ Simpson prepare the Income Statement.

Mrs$.$ Simpson took out a bank loan worth P$1,000,000.$ She used this to buy her equipment for the donut shop.

She purchased flour and other ingredients worth $50,000.$ She paid this in cash.

Total premium donuts sold was $35,000$ pcs at $45$ pesos per donut. Classic donuts sell for $35$ pesos and total units sold was $27,500.$

Premium donuts cost $20$ pesos and classic donuts cost $12$ pesos to produce.

Due to the higher number of customers in December, Mrs$.$ Simpson hired additional people to man the store and do $24$ hours baking. Bart was paid $12,000$ for the month, Lisa was paid $13,500$ for the month and the other regular employees, Maggie, Homer, Smithers and Apu received their normal monthly salary of $12,000$ each with overtime pay of $2,000,1,000,2,500$ and $3,500$ respectively.

Mrs$.$ Simpson thinks that the decorations she put up in the store also attracted more customers. She put festive ornaments and spent $7,500$ for those.

Because they were also open until later in the evening, their electricity bill totaled to $45,500$ for the month.

There was no change in her rent expense. It was still $40,000$ per month plus $2\%$ of gross sales.

Mrs$.$ Simpson used LPG gasoline for her equipment and spent $24,500.$

Mrs$.$ Simpson withdrew P$1,500$ for her personal expense.

According to the supplier, the equipment that Mrs$.$ Simpson bought to bake the donuts will last for $10$ years with no problem. She spent $45,000$ for the equipment.

Mrs$.$ Simpson gave her employees a bonus equivalent to their monthly salary. Bart and Liza did not get any bonus because they were seasonal and temporary employees.

Income Tax for the donut business is at $30\%$

Given the information above, how much is the total sales for the month of December.

Still using the information given about the donut business of Mrs$.$ Simpson, how much money did Mrs$.$ Simpson make after taxes?

Mrs$.$ Simpson opened a donut shop in $2023$ and business has been doing well. She was very happy in December because her sales tripled due to the Christmas holidays Mrs$.$ Simpson wants to see the transactions that happened and wants to know how much profit she made in December. Help Mrs$.$ Simpson prepare the Income Statement.

Mrs$.$ Simpson took out a bank loan worth P$1,000,000.$ She used this to buy her equipment for the donut shop.

She purchased flour and other ingredients worth $50,000.$ She paid this in cash.

Total premium donuts sold was $35,000$ pcs at $45$ pesos per donut. Classic donuts sell for $35$ pesos and total units sold was $27,500.$

Premium donuts cost $20$ pesos and classic donuts cost $12$ pesos to produce.

Due to the higher number of customers in December, Mrs$.$ Simpson hired additional people to man the store and do $24$ hours baking. Bart was paid $12,000$ for the month, Lisa was paid $13,500$ for the month and the other regular employees, Maggie, Homer, Smithers and Apu received their normal monthly salary of $12,000$ each with overtime pay of $2,000,1,000,2,500$ and $3,500$ respectively.

Mrs$.$ Simpson thinks that the decorations she put up in the store also attracted more customers. She put festive ornaments and spent $7,500$ for those.

Because they were also open until later in the evening, their electricity bill totaled to $45,500$ for the month.

There was no change in her rent expense. It was still $40,000$ per month plus $2\%$ of gross sales.

Mrs$.$ Simpson used LPG gasoline for her equipment and spent $24,500.$

Mrs$.$ Simpson withdrew P$1,500$ for her personal expense.

According to the supplier, the equipment that Mrs$.$ Simpson bought to bake the donuts will last for $10$ years with no problem. She spent $45,000$ for the equipment.

Mrs$.$ Simpson gave her employees a bonus equivalent to their monthly salary. Bart and Liza did not get any bonus because they were seasonal and temporary employees.

Income Tax for the donut business is at $30\%$

Given the information above, how much is the total sales for the month of December.

Still using the information given about the donut business of Mrs$.$ Simpson, how much money did Mrs$.$ Simpson make after taxes?

$1,256,375$

$251,125$

$376,912\mathrm{.}50$

$879,462\mathrm{.}50$