A Corporation, a resident corporation, provided the following data for taxable year 2012. (See image) The corporation remitted to its head office 40% of its net profit to its head office in the USA. The corporation's totaltax liability including the tax on the profit remitted is * USA P20M Gross income Dividend from domestic corporation Other income Business expenses Philippines P40M 5M 4M 12M 8M a. P10,240,000 b. P12,448,000 O c. 12,960,000 d. P10,944,000 A Corporation, a resident corporation, provided the following data for taxable year 2012. (See image) The corporation remitted to its head office 40% of its net profit to its head office in the USA. The corporation's totaltax liability including the tax on the profit remitted is * USA P20M Gross income Dividend from domestic corporation Other income Business expenses Philippines P40M 5M 4M 12M 8M a. P10,240,000 b. P12,448,000 O c. 12,960,000 d. P10,944,000