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Sean, a resident citizen of the Philippines has the following data on income and expenses: Gross Compensation income 200,000; Gross sales 900,000; Cost of Sales
Sean, a resident citizen of the Philippines has the following data on income and expenses: Gross Compensation income 200,000; Gross sales 900,000; Cost of Sales 500,000; Business expenses 200,000. He avails himself of the OSD. How much is his taxable net income?
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