The forecasted sales of ABC Retailer Inc. for the first quarter of 2020 is 8,000 units at P100 per unit. The sales price will increase by 1% but sales volume will decrease by 0.5% each quarter for the same year. Based on a flexible budget, the cost of sale is P 55 per unit, variable operating cost is P10 per unit and total fixed operating cost is P90,000. 1 point How much is the forecasted operating income of ABC for the second quarter