Love Bus Transport Company operates ten (10) units of buses. During the month, it had the following data in its books: Receipts from passengers Receipts from cargoes Receivables for transport of passengers Receivables for transport of cargoes Payments for repair of transport units Salaries of personnel Purchase of spare parts Registration with LTO Premiums on insurance 14. How much is the percentage tax payable? a. P60,000 b. P60,450 15. How much is the a. P39,600 VAT payable? b. P43,800 P2,000,000 500,000 15,000 5,000 30,000 300,000 c. P39,000 c. P39,000 60,000 10,000 15,000 d. None d. P57,480