Problem 1 The following information are presented to you in connection with the determination of the fringe benefits tax of the general manager of Orchids merchandising for 2023: Paid by the company with official receipts in the name of the company: a. Laptop computer for manager's office use b. Air-conditioning unit for manager's office use Groceries for manager's family consumption C. d. Plumbing materials for use in the repair Of manager's residential house P68,990.00 P35,499.00 P15,864.25 P6,900.00 Paid by the manager with official receipts in the name of the company: Purchase of clothes and shoes for the manager's wife a. b. Samples of merchandise sold in the nearby competitor's Store for marketing study by the business Q1: How much is the monetary value of fringe benefits for the taxable year? P14,989.75 Q2: How much is the fringe benefit tax to be paid in relation to Q1? P17,650.00