PROBLEM F On the eve of June 15, 2021, a fire destroyed the warehouse where Mobile Legends Company store their merchandise. The merchandise inventory was not covered by insurance. The following information were given: Inventory, January 1 P250,000 Purchases, January 1-June 15 P1,500,000 Sales, January 1 - June 15 P2,000,000 Mark-up based on cost 25% Question 44 How much is Cost of Sales? PBlank 1 Blank 1 Add your answer Question 45 How much is Gross Profit? PBlank 1 Blank 1 Add your answer 2 Points 2 Points