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The following data were reported by Son Goku Company during the current year: Accounts receivable January 1 P 100,000 Accounts receivable December 31 150,000 Notes

The following data were reported by Son Goku Company during the current year:

Accounts receivable January 1

P 100,000

Accounts receivable December 31

150,000

Notes receivable January 1

210,000

Notes receivable December 31

120,000

Advances from customers January 1

40,000

Advances from customers December 31

55,000

Sales returns and allowance

3,000

Sales discount

1,000

Uncollectible accounts written off during the current year

4,000

Recoveries of accounts previously written off

Sales

500,000

What is the gross sales under the cash basis accounting? (no peso sign, no comma, whole number only)

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