(Phil. CPA Modified) The following information were from the records of the Central Plain University, Inc., a private educational institution, for the fiscal year ended May 31, 2009: Income: Miscellaneous fees P 362,600 Tuition 2,843,100 Income from rents 60,000 Net income, school canteen 36,200 Net income, book store 24,800 Dividends 15,000 Interest on time deposit 45,000 Expenses: Payroll and administrative salary 1,425,420 Depreciation, new six-room building 37,500 Other operating expenses 844,430 The capital outlay for the new building would be expensed outright. How much was the income tax due from the Central Plain University, Inc. for the fiscal year ended May 31, 2009