Paub Company provided the following information for the current year:

Allowance for doubtful accounts, Jan 1	200,000
Credit Sales	9,500,000
Sales discount	1,000,000
Sales Return	500,000
Accounts written off	100,000
Recovery of accounts written off	50,000

The company estimates uncollectible accounts as 8% of outstanding accounts receivable. If the collections from current customers totaled to P3,312,500, how much is the company's doubtful accounts expense?