Lifeline, a domestic insurance corporation, posted the following data for the third quarter of 2000: a. Total insurance premiums due and collectible Php 912, 500 b. 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 c. Collection during the quarter on the above premiums were 65 %, 45 %, 50 %, and 70 % respectively. How much is the percentage tax due? Select one: a. Php 6, 250 b. Php 16, 000 c. Php 26, 031 d. Php 9, 750