Compute for the following: How much is the total income subject to capital gains tax? How much is the capital gains tax? 3. The following are the revenue items of a domestic corporation for the year 2019: Sales Cost of sales Gain from sale of an office equipment Gain from sale of land not used in business (selling price P 300,000) Gain from sale of building used in business (selling price is P 300,000) Gain from sale of shares of stock directly to the buyer Gain from sale of shares of stock through the stock exchange (selling price, P 200,000) Interest income from bank deposit Yield from debt instrument not within the coverage of deposit substitute, Philippines Yield from deposit substitute, Philippines Interest income received from depository bank under EFCDS, Philippines Interest income from bank deposit, USA Interest income long-term deposit, Philippines Rent Income (with unearned rent income of P 400,000 which is part of the advance rents for 3 years, Philippines Royalties, Philippines Royalties, USA Property dividend received from domestic corporation Cash dividend received from a foreign corporation Stock dividend received from a domestic corporation Prizes and winnings, Philippines Refund of Philippine percentage tax Refund of Philippine Value Added Tax Bad debt recovery Compute for the following: e. How much is the total income subject to capital gains tax? f. How much is the capital gains tax? 1,000,000 500,000 20,000 100,000 100,000 50,000 10,000 40,000 80,000 80,000 184 60,000 400,000 30,000 200,000 70,000 300,000 150,000 350,000 100,000 400,000 100,000 100,000 50,000