A taxpayer made available the following financial information: Gross receipts - Php 10,000,000 Cost of service - Php 6,000,000 Expenses: Salaries and wages - Php 1,000,000 Transportation and travel - Php 20,000 Rental - Php 240,000 Representation expense - Php 100,000 Depreciation expense - Php 200,000 Office supplies - Php 20,000 Miscellaneous expenses - Php 10,000 How much is the income tax due if the taxpayer is an individual resident citizen? Php 2.278,800 Php 340.000 Php 621.200 Php 361.000