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Ana leases an office space from Mr. Chua. The lease contract specified a 100,000 monthly rent over a period of 3 years which tax exclusive.

Ana leases an office space from Mr. Chua. The lease contract specified a 100,000 monthly rent over a period of 3 years which tax exclusive. An advance of 3 month payment is required.

Required: Determine the following requirements under the following assumptions

USE THE PHILIPPINE TAXATION SYSTEM.

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