Mr. Juan an officerof a manufacturing business and at the same time who has business has the following data for the year.

From his employer:
Total Compensation	P1,700,000
DeMinimisbenefit	40,000
Hazard Pay	30,000
13thMonth Pay	80,000
SSS,Philhealth,Pag-ibigCont.	7,368
Tax Withheld from compensation	250,000
From his business
Gross sales	2,900,000
Non operatingincome	60,000
Cost and expenses	1,350,000
Quarterly income tax paid	200,000

Required:

1.  
2. Compute the income tax ofMr.Sarenas using 8%.
3.  
4. Compute the income tax ofMr.Sarenas using the graduated tax schedule.
5.  

Which is more advantageous for Mr. Sarenas to use in determining his tax? How much is the net advantage?

1.  
2. How much is the business tax of the business?
3.