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A supervisory employee has the following benefits: 13th month pay and other benefits P 40,000 De minimis within their limits 35,000 Excess de minimis benefits

A supervisory employee has the following benefits:

13th month pay and other benefits P 40,000

De minimis within their limits 35,000

Excess de minimis benefits 10,000

Other fringe benefits 40,000

Compute the amount fringe benefits subject to the fringe benefit tax rate.

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