In 2018, Mr. Bonaro, Senior Manager of Bosley, Inc. earned an annual compensation of P1,800,000, inclusive of 13th month pay and other benefits amounting to P130,000 but net of mandatory contributions to SSS, Philhealth and HDMF. Aside from being employed, he is also into the business of selling travel accessories. His gross sales for the year was P2,700,000. His cost of sales and operating expenses were P1,200,000 and P700,000, respectively while non-operating income was P250,000. A. Compute for the income tax due for 2018 assuming that he signified his intentions to be taxed at 8% income tax rate on his gross sales for his income from business. B. Had Mr. Bonaro opted not to be taxed at the 8% income tax rate based on gross sales and other non-operating income, what will be his income tax due for 2018?