Mr. repito sold his residential land in Manila with fair market value of 12,000,000 for P10,000,000 10. If Mr. Pepito utilized all of the P10.000.000 in buving a house and lot to be used as his new principal residence, the final tax due from him is a, P720,000 00000c. P120,000 00.00 B. P600,000 d. PO 11. If Mr. Pepito utilized only P7,000,000 from the proceeds of the sale in acquiring a new residence, the final tax due from him is Ca P720,000 c. P180,000 b. P216,000ld.POD 000 12. The documentary stamp tax due on the sale is a. P179,895 c. P149,985 do (b. P180,000 d. P150,000