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Q2. Assuming the estate was administered extra-judicially, what are the taxable income of the following: a. decedent b. Estate of the deceased c. Heirs Problem

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Q2. Assuming the estate was administered extra-judicially, what are the taxable income of the following: a. decedent b. Estate of the deceased c. Heirs Problem 12. Mr. X died on July 31, 2021. He had the following data for 2021: Compensation Income Rental Income (P80,000 per month) P320,000 960,000 The decedent leases a property which earns P80,000 monthly (please see above)

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