The account sales submitted by Medy Inc. to Chris Corp on its consignment transactions during the month of April 2030 is presented below: Sales 35 units at P6,000, P210,000; Less: Advances to consignor 20,000; Selling expenses 2,000; Commission 8,400; Net proceeds remitted 179,600. The consignment consisted of 50 units which cost P4,000 each, and on which freight cost of P1,200 was paid by Medy Inc. How much is the net profit from the sale of consigned goods? Question 2Answer P58,400 P59,600 P69,160 P58,760