Received by the taxpayer under policies: Proceeds of life insurance (as beneficiary of mother), P400,000 Proceeds of life insurance (as beneficiary of father), P600,000 Insurance purchased from the father at cost to taxpayer of P200,000 Additional premiums paid by the taxpayer to continue the policy, P50,000 Amount received upon the death of the father, P500,000 Proceed of endowment policy, upon maturity, with premium payments made of P800,000, P1,000,000 Proceeds of comprehensive car insurance, P100,000 Crop insurance, from crop destroyed by typhoon, P50,000 The income from the amounts received is: