Mr. John Villamin wanted to sell cupcakes to his friends. He spends Php 22.50 per cupcake with corresponding mark up of 140%. For the month of February 2022, he sold 100 pcs on the 1 st 15 days of the...

Mr. John Villamin wanted to sell cupcakes to his friends. He spends Php 22.50 per cupcake with corresponding mark up of 140%. For the month of February 2022, he sold 100 pcs on the 1^st
15 days of the month, and 125 pcs on the remaining days of the month. Other expenses are 10% of the total ingredients cost.

How much is the income or loss of Mr. Villamin for the month of February 2022 (indicate if income or loss and show your computation)?