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The taxpayer had the following data at the end of its 10th year of operations: Assuming that the taxpayer is a domestic corporation claiming optional

The taxpayer had the following data at the end of its 10th year of operations:

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Assuming that the taxpayer is a domestic corporation claiming optional standard deduction, how much is the income tax due for the year?

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P1,890,000

P1,518,000

P1,512,000

P1,897,500

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