Nicanor, single, received the following in 2022: Proceeds of his life insurance paid at annual premium of P 15,000 within P 2,000,000 25 years (outlived the policy) Proceeds of Inday's (Mother of Nicanor) life insurance paid at an 1,000,000 annual premium of P 10,000 within 20 years House and lot from inherited 4,000,000 properties Rent income from inherited 200,000 properties For income tax purposes, how much of the above items must be included in Nicanor's gross income? Proceeds of Inday's (Mother of Nicanor) life insurance paid at an 1,000,000 annual premium of P 10,000 within 20 years House and lot from inherited 4,000,000 properties Rent income from inherited 200,000 properties For income tax purposes, how much of the above items must be included in Nicanor's gross income? O b. 3,200,000 O c. 2,200,000 a. 200,000 O d. 1,825,000