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thanks a lot 3. The following cumulative balances during the year on income and expenses were provided by Juan Dela Cruz, a resident citizen: 1st

thanks a lot

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3. The following cumulative balances during the year on income and expenses were provided by Juan Dela Cruz, a resident citizen: 1st Q 2nd Q 3rd Q Year Gross profit from Sales P500,000 P700,000 P1,200,000 P1,500,000 Business expenses 320,000 400,000 750.000 1,000,000 Dividend-domestic corp 10,000 20,000 30,000 40,000 REQUIRED: Using above information, compute the following 3.1 Income tax payable, first quarter 3.2 Income tax payable, second quarter 3.3 Income tax payable, third quarter 3.4 Income tax payable, fourth quarter

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