The books of ABC Co reflected following balances on December 31, 2020: Accounts Receivable Deferred Gross Profit (before adjustment) P942,250 114,000 Analysis and aging of the accounts receivable reveal the following: Regular Accounts 2019 installment accounts 2020 installment accounts P622,500 48,750 270,000 Sales on an installment basis in 2019 were made at 30% above cost, in 2020, at 33 1/3% above cost. What is the total realized gross profit for the year ended December 31, 2020