Dulce Company specializes in the sale of IBM compatibles and software packages. The company had the following transactions with one of its suppliers: Purchases of IBM compatibles P1,700,000 Purchases...

Dulce Company specializes in the sale of IBM compatibles and software packages. The company had the following transactions with one of its suppliers: Purchases of IBM compatibles P1,700,000 Purchases of commercial software packages 1,200,000 Purchase return and allowance 50,000 Purchase discount taken 17,000 Purchases were made throughout the year on terms 2/10, n/30. All returns and allowances took place within 5 days of purchase and prior to any payment on account. Purchase discount lost is?

Choices:

P17,000

P40,000

P41,000

P57,000