On April 1, 2020, a VAT-registered real estate dealer, sold a lot under the following terms: Zonal value P 1,200,000 Selling price 1,000,000 Down payment, April 1, 2020 100,000 First installment, July 1, 2020 150,000 Second installment, January 1, 2021 250,000 Third installment, July 1, 2021 250,000 Fourth installment, January 1, 2022 250,000 How much is the output VAT due on sale of real property on April 1, 2020? On April 1, 2020, a VAT-registered real estate dealer, sold a lot under the following terms: Zonal value P 1,200,000 Selling price 1,000,000 Down payment, April 1, 2020 100,000 First installment, July 1, 2020 150,000 Second installment, January 1, 2021 250,000 Third installment, July 1, 2021 250,000 Fourth installment, January 1, 2022 250,000 How much is the output VAT due on sale of real property on April 1, 2020