Provide a legible solution.

Dong Man Enterprises uses the installment method for all the installment sales.
Complete the following table:
2010 2011 2012
Installment Sales P80, 000 P95, 000 P?
Cost of Installment Sales ? 56, 050 68, 250
Gross Profit Percentage 38% ? 35%
Cash Collections:
2010 sales 25, 600 46, 400 5, 600
2011 sales 22, 800 ?
2012 sales 32, 550
Realized Gross Profit on Sales ? ? 16,050

1. What is the Installment Sales in 2012?

2. What is the installment Sales in 2010?
3. What is the Gross Profit Rate in 2011?
4. What is the Collections in 2012 for 2011 sales?
5. What is the Realized Gross Profit on installment sales in 2010?
6. What is the Realized Gross Profit on installment sales in 2011?

Kim Tak Su Trading accounts for its sales under the installment sales method. On
January 1, 2017 its ledger accounts include the following balances:

Installment Receivable, 2015 P 39, 424

Installment Receivable, 2016 158, 720
Deferred Gross Profit, 2015 11, 827
Deferred Gross Profit, 2016 63,488

Installment Sales in 2017 were made at 35% gross profit rate. At December 31,
2017, accounts balances before adjustments were as follows:
Installment Receivable, 2015 P0
Installment Receivable, 2016 43, 008
Installment Receivable, 2017 102, 912
Deferred Gross Profit, 2015 11, 827
Deferred Gross Profit, 2016 63, 488
Deferred Gross Profit, 2017 64, 691

7. The total realized gross profit for the year ended December 31, 2017 was.
8. The unadjusted deferred gross profit on January 1, 2017 was.
9. The adjusted deferred gross profit on December 31, 2017 was.
10. The Gross Profit Rate for 2015 and 2016 respectively were.