for all items, refer to the data below

George, married, with two dependent children, received the following income:

Rent, Philippines

P1,000,000

Rent, Hongkong

200,000

Interest, peso deposit, MBTC

100,000

Interest, US$ deposit, BDO ($10,000xP42)

420,000

Interest, deposit in Hongkong (HK$10,000xP5)

50,000

Prize (cash) won in a local contest

8,000

Prize (TV) won in a local lottery

50,000

PCSO/Lotto winnings

2,000,000

Prize won in contest in U.S.

300,000

Lotto winning in U.S.

100,000

Dividend, domestic company

600,000

1.Assuming the taxable year is 2018, determine the taxable net income assuming he is RC, NRC, RA and NRA-ETB, respectively:

A.80,000 / 180,000 / 830,000 / 180,000

B.180,000 / 80,000 / 1,000,000 / 1,000,000

C.1,558,000 / 908,000 / 908,000 / 908,000

D.1,658,000 / 1,008,000 / 1,008,000 / 1,008,000

2.Assuming the taxable year is 2018, determine the total final tax assuming he is RC, NRC, RA and NRA-ETB, respectively:

A.553,000 / 490,000 / 150,000 / 937,500

B.121,500 / 90,000 / 121,500 / 150,000

C.131,000 / 90,000 / 90,000 / 90,000

D.553,000 / 490,000 / 550,000 / 687,500

3.If the gross income from unrelated trade, business or other activity exceeds fifty percent (50%) of the total gross income derived by such educational institutions or hospitals from all sources, what tax rate shall be imposed on the entire taxable income starting January 1, 2009?

a.Thirty percent (30%)c.Fifteen percent (15%)