Presented below are the condensed income statement of ABC Corporation for the years ended December 31, 2020 and 2019 On October 10, 2019, ABC entered into a agreement to sell the assets of one of its geographical segments. The geographical segment comprises operations and cash flows that can be clearly distinguished, operationally and for financial reporting purposes from the rest of teh company. The segment was sold on December 31,2019 , for P1,750,00. The book value of the segments assets was P1,550,000. The segment's contribution to ABC operating income before tax for each year was as follows: 2020P113,750Loss201981,250Income Based on the above data, calculate the following: 1. Income from continuing operations in 2019 2. Income from continuing operations in 2020 3. Net Income in 2019 4. Net Income in 2020 5. Assume that by December 31,2019 , the segment had not yet been sold but was considered held for sale. The fair value of the segment's asset on December 31 was P1,750,000. The post tax income (loss) from discontinued operations for 2019 should be 6. Assume that by December 31,2019 , the segment had not yet been sold but was considered held for sale. The fair value of the segment's asset on December 31 was P1,250,000. The post tax income (loss) from discontinued operations for 2019 should be