ABC Corporation in the Philippines, a resident foreign corporation, is in its 10th year of operation in 2025. It has the following data:

Compute for its income tax due for 2025. Show your solutions

Choices:

A. P 400,000 B. P 500,000 C. P 730,000 D. P 9,125,000

Net Sales Cost of Goods Sold Deductions 50,000,000 13,500,000 34,500,000