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I am still confused with our topic ob Taxation right now. How do I solve the following and what is the correct answers? Thank you!

I am still confused with our topic ob Taxation right now. How do I solve the following and what is the correct answers? Thank you!

PROBLEM 1

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SSS P 600.00 / Monthly Pag-IBIG 200.00 Philhealth 200.00 Union Due 200.00Compensation of Husband P 900,000 Compensation of wife 560,000 Gross Income from business Husband 1,400,000 Gross Income from business wife 700,000 Allowable business expense Husband 960,000 Allowable business expense wife 540,000 Interest Income from loans and subject to final tax 60,000 Unidentified business expenses 30,000 Required: Compute the taxable net income for each spouse

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