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Mrs. Vina Go-Ong, is a Filipino, living in Ongpin Manila, has the following income for the taxable year: 1. Compensation from her employer - P250,000

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Mrs. Vina Go-Ong, is a Filipino, living in Ongpin Manila, has the following income for the taxable year: 1. Compensation from her employer - P250,000 2. Business Income from Illegal acts - P3,000,000 3. Business income from Food truck - P150.000 4. Business income in business in USA - P30,000 5. Interest Income from cash deposits in PH - P25,000 6. Prize won in lotto - P1,000,000 7. Royalties in music produced - P200,000 8. Capital Gains from selling of shares of stocks - P50,000 9. Gains from selling his residence - P1,000,000 10. Dividend income. P11,000 How much is the total Gross Income subject to Capital Gains tax? (Sec. 24 C&D) Blank 1 write your answer in this format X.XXX.XXX

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