73. A Corp., a regional operating headquarter of a MNC in the Philippines provided its employees cash and non-cash fringe benefits in 2017 and 2018 as follows: Total amount of fringe benefits P1,000,000 60% of said amount was given to rank and file employees 40% of said amount was given corporate officers as follows: a. to resident citizens (taxed at regular rates) 45% b. to non-resident aliens not engaged in 35% business in the Philippines c. to special aliens and Filipino employees 20% The fringe benefits taxes due in 2017 and 2018 are: a. P145,491; P186,667 b. P188,235; P123,345 c. P84,706; P34,456 d. None of the above74. Amyjo Perez owns a pet store specializing in reptiles which is her only source of income. She signified her intention to be taxed at 8% of gross sales in her 13 Quarterly ITR of the taxable year. Her sales, cost of sales, and operating expenses for the 4 quarters are as follows: 1 st Quarter 2nd Quarter 3rd Quarter 4th Quarter Sales 400.000 600.000 2.000.000 3.500.000 Cost of sales (100.000) (200 000) (600 000) (800.000) Gross income 300.000 400.000 1.400.000 2.700.000 Operating (170,000) (190.000) (500,000) (820.000) expenses Net income 130.000 210.000 900.000 1.880.000 Compute her income tax payable in her 1st, 2nd, 3"d Quarterly ITRs and in her annual ITR. 1= Quarterly ITR 2nd Quarterly 3rd Quarterly 4th Quarterly ITR ITR ITR a) P12,000 P48,000 P160,000 P628,400 b) 12.000 48.000 150.000 638.400 c) 12.000 60.000 78,000 638.560 d) None of the aboveT5. Pong Ram is the CEO of Sesame Zoo Corporation In 21313, he received total compensation of Pl inclusive of 13th month pa}; and other benets in the amnunt of PBDDDD. He also owns a poultry rm which supplies the wet market in his province- Its gross sales totaled Pi The farm's cost of sales and operating expenses amounted to Plj and Pi respectively. Its nonoperating income amounted to P23 CLOUD Compute his income tax due in 2013- a. 3,91, h. 3,8?46 c. 3,9l,' d. None of the above