ohnny Company, a maintenance contractor, had the following receipts from the following clients in June 2015:

Unlock answer with your Course Hero subscriptionUnlock answer with your Course Hero subscriptionUnlock answer with your Course Hero subscriptionUnlock answer with your Course Hero subscriptionUnlock answer with your Course Hero subscriptionUnlock answer with your Course Hero subscription

Receipt from Development Bank of the Philippines

P

1,000,000

Receipts from Oceania, an international carrier

1,200,000

Receipts from International Rice Research Institute

800,000

Compute the total zero-rated sales or receipts.

a.

P 0

c. P 2,000,000

b.

P 800,000

d. P 3,000,000