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Super Men's Clothing revenues and cost data for 2020 are: Revenues P500,000 Cost of goods sold (40% of sales) 200,000 Gross margin P300,000 Operating costs:

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Super Men's Clothing revenues and cost data for 2020 are: Revenues P500,000 Cost of goods sold (40% of sales) 200,000 Gross margin P300,000 Operating costs: Salaries fixed P150,000 Sales commissions (10% of sales) 50,000 Depreciation of equipment and fixtures 12,000 Store rent (P4,000 per month) 48,000 Other operating costs 50,000 310,000 Operating income (loss) P(10,000) Mr. Super, the owner of the store, is unhappy with the operating results. An analysis of other operating costs reveals that it includes P40,000 variable costs, which vary with sales volume, and P10,000 (fixed) costs. Mr. Super estimates that he can increase revenues by 20% in the coming year by incurring additional advertising costs of P10,000. As a result, how much would Super Men's Clothing operating income be

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