Mr. Pineda imported goods from the USA as follows: Invoice cost of the importation ($1 = P51). $ 5,000 Freight... P 10,000 Insurance 37,500 Wharfage 1,800 Brokerage fee to Customs Broker.. 2,250 Trucking expense from the Bureau of Customs to the warehouse of importer (The carrier is a vat-registered entity)... 7,500 The imported article was imposed P50,000 customs duty and P35,000 excise tax. (a) How much is the VAT on importation? (b) Assuming that the imported article was sold for P728,000 vat-inclusive, the VAT payable is