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8:42 ti: 2-31: In @ G O -- X 02:40:07 Remaining Fill in the Blank The following income and expenses are shown by X Corporation:

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8:42 ti\": 2-31: "In" @ G O -- X 02:40:07 Remaining Fill in the Blank The following income and expenses are shown by X Corporation: Within Gross income = P8 , 000 , 000 Business expenses = P5 , 000 , 000 Sale of land and warehouse (cost P2 , 000 , 000) = P3 , 000 , 000 Outside Gross income = P4 , 000 , 000 Business expenses = P3 , 000 , 000 If X is a domestic corporation , how much is the taxable income and income tax due in the Philippines per annual ITR ? Taxable income = Income tax due = If X is a resident corporation , how much is the taxable income and income tax due in the Philippines per annual ITR ? Taxable income = Income tax due = *use itemized deductions . 8:43 ".i'll KB/s 14 0 81. X 02:39:15 Remaining Fill in the Blank Forever Corporation , a domestic corporation , has been in existence for 6 years . It reported the following results of its operations for its 5th and 6th year: 5th year Business income = P8 , 000 , 000 Itemized expenses = P7 , 800 , 000 6th year Business income = P4 , 600 , 000 Itemized expenses = P4 , 250 , 000 Using itemized deduction , what is Normal Tax for: 5th year = 6th year = MCIT for: 5th year = 6th year = Income Tax Payable for: 5th year = 6th year =

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