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Lifeline, a domestic insurance corporation, posted the following data for the third quarter of 2000: Total insurance premiums due and collectible Php 912, 500 These

Lifeline, a domestic insurance corporation, posted the following data for the third quarter of 2000: Total insurance premiums due and collectible Php 912, 500 These premiums consist of the following: Life and Disability insurance premium Php 300, 000 Marine insurance premium 212, 500 Heal th & accident insurance premium 250, 000 Property insurance premium 150, 000 Collection during the quarter on the above premiums were 65 %, 45 %, 50 %, and 70 % respectively. How much is the percentage tax due

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