3. SAN JOSE is a producer of cooking oil. The company become VAT registered t the start of 2018. Previously, the company is subject to OPT. The following data are as follows: Inventory beginning: Packaging materials bought from VAT registered is P 17,920 (VAT excluded) Coconut / corn purchased from farmers is P 20,000 Data for first quarter is as follows: Sales, vat included is P 196,000 Purchases of coconut and corn from farmers is P 40,000, net of any tax Purchase of packaging materials, VAT excluded is P 25,000 Purchases of supplies, VAT included is P 10,080 What is the presumptive input tax? 4. Based on number 3, what is the VAT payable