A domestic corporation, already in its 10th year of operation, provided the following data: 2017 P2,040,000 40,000 1,000,000 950,000 2018 2,800,000 100,000 700,000 2,100,000 2019 Gross Sales 3,000,000 Sales Retums Cost of goods Busiess expenses 1,500,000 1,200,000 5. The income tax payable for the taxable year 2019 is: