Fearless Corporation, a dealer in sugar under the brand Mr. Perfectly Refined Sugar, has gross sales of P1.400,000,000 with cost of sales of P560,000,000 and allowable deductions of P150,000,000 for calendar year 2020. Fearless Corporation began operating in 1989. Fearless Corporation's total assets of P180.000.000 includes the land and building in which the business is situated amounting to P50,000,000 and P25,000,000, respectively. 1. Applying CREATE Act, how much is Fearless Corporation's income tax due? 2. Compute for Fearless Corporation's minimum corporate income tax? 3. Assuming Fearless Corporation follows a fiscal year which begins on March 1. how much is Fearless Corporation's income tax due considering the amounts presented above were earned or incurred from March 1, 2020 to February 28, 2021? Answer with text and/or attachments Fearless Corporation, a dealer in sugar under the brand Mr. Perfectly Refined Sugar, has gross sales of P1.400,000,000 with cost of sales of P560,000,000 and allowable deductions of P150,000,000 for calendar year 2020. Fearless Corporation began operating in 1989. Fearless Corporation's total assets of P180.000.000 includes the land and building in which the business is situated amounting to P50,000,000 and P25,000,000, respectively. 1. Applying CREATE Act, how much is Fearless Corporation's income tax due? 2. Compute for Fearless Corporation's minimum corporate income tax? 3. Assuming Fearless Corporation follows a fiscal year which begins on March 1. how much is Fearless Corporation's income tax due considering the amounts presented above were earned or incurred from March 1, 2020 to February 28, 2021? Answer with text and/or attachments