The financial records of Missing Company, were destroyed by fire at the end of 2020. Fortunately the controller had kept certain statistical data related to the income statement as presented below: *The beginning inventory was P92,000.00 and decreased by 20% during the year *Sales discount amounted to P17,000.00 *Outstanding ordinary shares during the year was 20,000 *Interest expense was P20,000.00 *The income tax rate is 30% *Cost of goods sold amounted to P550,000.00 *Administrative expense are 20% of cost of goods sold but only 8% of gross sales *Four-Fifths of the operating expenses relate to sales activities Compute a Goods Available for sale b Purchases Net Sales d Selling Expenses e Net Income