The answers are already highlighted, just show the computation, thank you.

3. The home office transfers merchandise to Manila branch at a mark-up of 25% above cost during the year 2022, and 30% mark-up above cost during the previous year. In 2022, the reciprocal account in the income statement of the branch is P1,487,500. The account Unrealized Branch Inventory Profit has a balance of P84,000 at the end of the previous year. There were no inventory beginning from outside purchases in 2022, however purchases were made during 2022 at P76,000. The ending inventory reported by the branch in 2022 was P1,650,500. At the end of 2022, an additional profit of P54,000 was realized from the Unrealized Branch Inventory Profit account. 1. What is the cost of goods sold of the branch in the combined financial statements? a. 180,000 b. 223,000 c. 234,000 d. 203,000 2. What is the cost of goods available for sale of the branch at cost? a. 1,927,500 b. 1,470,000 c. 1,546,000 d. 1,851,500 3. What is the ending inventory of the branch in the combined financial statements? a. 1,323,000 b. 1,343,000 c. 1,310,000 d. 1,290,000