Yellow Company a distributor of machinery bought a machine from manufacturer in November 2016 for P500,000. On December 30, 2016, the entity sold this machine for P750,000 under the following terms: 2% discount if paid within 30 days, 1% discount if paid after 30 days but within 60 days or payable in full within 90 days if not paid within the discount period.However, the customer had the right to return this machine to Yellow Company if it was unable to resell the machine before expiration of the 90-day period, in which case the customers obligation to Yellow Company would be cancelled. In the net sales for the year ended December 21, 2016, what amount should be included for the sale of the machine?