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Lavezares Ferries transport passengers and land vehicles between Samar and Sorsogon. Lavezares usually had an average annual receipts of P5,000,000. During the month, it earned

Lavezares Ferries transport passengers and land vehicles

between Samar and Sorsogon. Lavezares usually had an average

annual receipts of P5,000,000. During the month, it earned a

total of P400,000 from the customers. The percentage tax is

a. 0

b. 12000

c. 138000

d. 150000

provide explanation. Thank you

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