Fringe Benefits Taxes (5 items x 10 points) Compute for the fringe benefits tax due in the following scenarios. 1. During 201A, Alpha Corporation gave the following fringe benefits to its employees: Salaries to rank and file employees P1,000,000 Salaries to managerial employees 1,800,000 De minimis benefits to rank and file employees 54,400 De minimis benefits to managerial employees 27,200 Fringe benefits to rank and file employees 102,000 Fringe benefits to managerial employees 170,000 How much is the fringe benefits tax? For items 2-4. Lucky Corporation paid for the monthly rental of the residential house of its branch manager amounting to P204,000. 2. How much is the fringe benefit expense for the month? 3. How much is the fringe benefits tax for the month? 4. How much is the total allowable deduction from business income of Lucky Corporation? 5. UAP Company owns a condominium unit in The Residences which is near the factory and the plant's administrative building. To make it convenient to its executive, it allowed the latter to use the said property as his residence. The zonal value of the property is P32,000,000 while its fair market value as shown in its current Real Property Tax Declaration amounts to P25,000,000. How much is the fringe benefits tax