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Problem 13-15. with clear formatting and solution pls. thank u need asap What is the total amount of sales up to April 30? a. 4,200,000

Problem 13-15. with clear formatting and solution pls. thank u need asap

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What is the total amount of sales up to April 30? a. 4,200,000 b. 4,220,000 c. 4, 140,000 d. 4,160,000 What is the total amount of purchases up to April 30 a. 1,760,000 b. 2, 100,000 c. 2,020,000 d. 1,680,000 3. What is the inventory on April 30? a. 1,476,000 b. 1,464,000 C. 1,440,000 d. 1,428,000 4. What is the fire loss to be recognized on April 30? a. 1,440,000 b. 1,300,000 C. 1,340,000 d. 1,200,000Problem 13-15 (AICPA Adapted) On April 30, 2020, a fire damaged the office of Waterloo Company. The following balances were gathered from the general ledger on March 31, 2020: 920,000 Accounts receivable 1,880,000 Inventory - January 1 950,000 Accounts payable 3,600,000 Sales 1,680,000 Purchases * An examination of the April bank statement and canceled checks revealed checks written during the period April 1-30: Accounts payable as of March 31 240,000 April merchandise shipments 80,000 160,000 Expenses Deposits during the same period amounted to P440,000 which consisted of collections from customers with the exception of P20,000 refund from a vendor for merchandise returned in April. * Customers acknowledged indebtedness of P1, 040,000 at April 30. Customers owed another P60,000 that will never be recovered. Of the acknowledged indebtedness, P40,000 may prove uncollectible. * Correspondence with suppliers revealed unrecorded obligations at April 30 of P340,000 for April merchandise shipment, including P100,000 for shipments in transit on that date. * The average gross profit rate is 40%. Inventory with a cost of P260,000 was salvaged and sold for P140,000. The balance of the inventory was a total loss

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