Receivables amount to P150,000. Receivable turnover is 10x and inventory is maintained at a level equal to 15 days' sales. Selling price per unit is P100 and has gross profit ratio of 40%. A proposal has been made to change the term credit to n/60 to result to an increase in sales volume by one-third or by 5,000 units. Under this proposal, bad debts losses are estimated at 1% to 3% of sales but inventory turnover shall remain the same. How much is the increased accounts receivable? How much is the increased inventory? Compute for the increased operating income