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Gold Realty Corporation sold two adjacent commercial lots to the same buyer. The first lot is worth 3,000,000 while the second lot is worth 920,000.

Gold Realty Corporation sold two adjacent commercial lots to the same buyer. The first lot is worth 3,000,000 while the second lot is worth 920,000. Compute how much of is the total sales subject to VAT. Again, justify your answer by highlighting the applicable rules.

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