Luigi is a sole proprietor engaged in the manufacturing of tailor made leather products for the white horses, the most famous of which being saddles. Luigi received a Final Assessment Notice from the Bureau of Internal Revenue on December 31, 2020. On January 5, 2021, Luigi filed a request for reinvestigation. On August 11, 2021, Luigi received a Final Decision on Disputed Assessment from the Commissioner of Internal Revenue stating that his request for reinvestigation is denied. The FDDA is two-sentenced letter stating that the request for reinvestigation is denied, and that Luigi should seek the appropriate judicial remedy. Luigi appealed before the division of the Court of Appeals on September 3, 2021. Based on the information above, was the request for reinvestigation timely filed?

a. Yes, the request for reinvestigation may be filed on or before January 12, 2021.

b. No, the request for reinvestigation should have been filed on or before December 23, 2020.

c. Yes, the request for reinvestigation may be filed on or before February 11, 2021.

d. No, the request for reinvestigation should have been filed on or before December 28, 2020.

Statement I - If the amount to be collected from the taxpayer is P150,000 only, the distraint can be executed by revenue district officer

Statement II - As a rule, a Final Assessment Notice (FAN) can be issued only after a Preliminary Assessment Notice.

a. Only Statement I is true.

b. Both statements are true.

c. Only Statement II is true.

d. Both statements are false.