Use the following information:

ACCOUNTS	AMOUNTS
Accounts receivable	P530,600
Accumulated depreciation - Furniture & Fixture	73,340
Accumulated depreciation - Office Equipment	188,360
Advertising expense	126,600
Allowance for bad debts	42,600
Cash	510,200
Depreciation expense - Furniture and fixture	36,800
Depreciation expense - Office Equipment	94,180
Bad debts expense	115,000
Freight in	41,960
Freight out	32,160
Furniture and fixtures	282,680
Interest expense loans	21,708
Interest income	34,800
Land	320,320
Merchandise Inventory, January 1, 2022	414,000
Mortgage payable	821,000
Notes receivable	232,200
Office equipment	857,800
Office salaries	311,000
Office supplies used	70,800
Prepaid expenses	49,800
Purchases	2,424,180
Purchase discounts	27,200
Purchase returns	45,840
Sales	3,818,024
Sales discounts	50,000
Sales returns	35,480
Bonds payable	116,400
Salaries payable	27,621
Sales salaries	201,768
Utilities expense	31,560
Utilities payable	75,160
Merchandise Inventory, December 31, 2022	522,800
Interest expense mortgage	23,212
Gain from sale of equipment	12,976

How much is the amount of gross profit for the period ending December 31, 2022?