The following questions have the same data and connection question. Hoping for a step-by-step solution

1. 

The following data were taken from the records of Harry Inc. and its Bacolod branch for 2017: Bacolod Home Office Branch Sales P1,590,000 P472,500 Inventory, January 1 172,500 66,750 Purchases 1,230,000 Shipments to branch 315,000 Shipments from home office 378,000 Inventory, December 31 213,750 87,750 Expenses 573,000 152,250 In 2017, Home Office billed Bacolod branch at 120% of cost which was lower by 5% than last year's. In the published financial statements, the required balance of the Allowance for Overvaluation amount toThe following data were taken from the records of Harry Inc. and its Bacolod branch for 2017: Bacolod Home Office Branch Sales P1,590,000 P472,500 Inventory, January 1 172,500 66,750 Purchases 1,230,000 Shipments to branch 315,000 Shipments from home office 378,000 Inventory, December 31 213,750 87,750 Expenses 573,000 152,250 In 2017, Home Office billed Bacolod branch at 120% of cost which was lower by 5% than last year's. In the separate books of the home office, how much will be credited to Income Summary-Branch?The following data were taken from the records of Harry Inc. and its Bacolod branch for 2017: Bacolod Home Office Branch Sales P1,590,000 P472,500 Inventory, January 1 172,500 66,750 Purchases 1,230,000 Shipments to branch 315,000 Shipments from home office 378,000 Inventory, December 31 213,750 87,750 Expenses 573,000 152,250 In 2017, Home Office billed Bacolod branch at 120% of cost which was lower by 5% than last year's. By what amount will the retained earnings of the home office increase in its separate books?The following data were taken from the records of Harry Inc. and its Bacolod branch for 2017: Bacolod Home Office Branch Sales P1,590,000 P472,500 Inventory, January 1 172,500 66,750 Purchases 1,230,000 Shipments to branch 315,000 Shipments from home office 378,000 Inventory, December 31 213,750 87,750 Expenses 573,000 152,250 In 2017, Home Office billed Bacolod branch at 120% of cost which was lower by 5% than last year's. By what amount will the reciprocal accounts in each of the separate statement of financial [example: 100,000 increase]