1-12). Bobby, lessor, leased a lot to Christina, lessee, for 15 years beginning January 1, 2016, subject to the following terms of and conditions: Monthly rental Advance rental for 2 years Security deposit Annual RPT to be paid by lessee Cost of building constructed by P 20,000 480,000 240,000 10,000 lessee (to be owned by lessor upon termination of lease) Building completed on P2,800,000 July 1, 2018 Estimated life of building (in years) 20 Assuming the taxpayer uses the outright method. Determine the taxable income of lessor Bobby for year 2016, 2017, 2018, 2019? Assuming the taxpayer uses the spread out method. Determine the taxable income of lessor Bobby for year 2016, 2017, 2018, 2019? In preceding number, determine the deductible expense of Cristina, lessee, for 2016, 2017, 2018, 2019?