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What is the total amount of expense

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    Assignment ID: FG133134579

    Question – Funes Co. has estimated that total depreciation expense for the year ended December 31, 2022 will amount to P2,050,000, and that the 2022 year-end bonuses to employees will total P2,100,000, of this amount, Funes Co. has incurred P600,000 for the first quarter of the year. In Funes Co.’s interim income statement for three months ending on March 31, 2022, what is the total amount of expense relating to these two items that should be reported?

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