Retained Earnings Short-Term Bank Loan (Notes Payable) 2. Using the following accounts from the retail store, A-Mart Incorporated's income statement for the year ending in December 31, 2019, answer the questions below. (Note that all figures are in millions) Cost of goods sold Lease payments Advertising Advertising Repairs and maintenance expenses Php 40 Management salaries Php 100 Net sales Php 1,000 Depreciation Php 60 Php 600 Php 30 Php 20 Php 35 A. A-Mart's gross profit is Php B. A-Mart's operating profit is Php C. A-Mart's net profit is Php Using the following accounts from A-Mart Incorporated's balance sheet for th