Garcelazo Fish Camp has sales of 1,500,000 for the first quarter of 2021. In making the sales, the company incurred the following costs and expenses. Variable Fixed Product costs P400,000 P550,000 Selling expenses 100,000 75,000 Administrative expenses 80,000 67,000 Calculate net income under CVP for 2021. How much is the break-even point in peso