Compute the income tax due for 2021 if Yolanda is a private proprietary educational institution:*

Yolanda Corporation reported the following gross income and expenses: Philippines Abroad Gross Income 38,000,000.00 14,000,000.00 52,000,000.00 Deductions 15,000,000.00 3,000,000.00 18,000,000.00 Taxable Income 23,000,000.00 11,000,000.00 34,000,000.00GIVEN: Taxpayer is a proprietary educational institution. Taxable period is 2021. Financial data: Related Unrelated Activities Activities Gross Income P15,000,000 P25,000,000 Expenses 5,000,000 11,000,000 Net 10,000,000 14,000,000 COMPUTE: Income tax