1 Ms. Lucila, a resident citizen, has the following data in 2024: Gain on sale of personal property purchased in the Philippines P400,000 and sold in Hongkong Compensation received for personal services in the Philippines 200,000 Rent income from real property in Malaysia 300,000 Gain from sale in the Philippines of shares of a foreign 100,000 corporation Deductions identified with: Philippine income 80,000 Foreign income 120,000 Deductions unidentified with any particular income 30,000 Compute Ms. Lucila's net income for the year 2024