After 4 years of operations, a DC reported the following income and expenses: Year 5 Sales, P4,000,000 Cost of Sales P2,600,000 Operating Expense P1,700,000 Royalty income, net of FT P120,000 Interest Income, net of tax P16,000 Dividend Income (from DC) P70,000 Rent Income, net of 5% WHT P95,000 Quarterly income tax Paid P30,000 What is the income tax due and Payable? How much is the final tax paid? Year 6 Sales, P5,000,000 Cost of Sales P2,700,000 Operating Expense P1,500,000 Royalty income, net of FT P40,000 Interest Income, net of tax P24,000 Dividend Income (from DC) P80,000 Rent Income, P50,000 Quarterly income tax Paid P40,000 What is the income tax due and Payable? How much is the final tax paid