GCQ Corporation, a domestic corporation had the following data for the taxable year 2019:

Sales P 5,000,000

Cost of goods sold 2,000,000

General selling and administrative expenses 500,000

Interest income from Philippines bank deposit 100,000

Rental income (net of 5% withholding tax) 190,000

Dividend income:

From domestic corporation 60,000

From foreign corporation 50,000

Capital gains from sale of domestic shares of

Stocks sold directly to buyer 75,000

Dividend declared and paid during the year 500,000

Retained earnings 12/31/2019 1,000,000

Par value of outstanding shares, 12/31/2019 500,000

Appropriation for future plant expansion 800,000

this is based on philippine tax code

7. Based on the foregoing problem, the Improperly Accumulated Earnings Tax is:_______