using the date please fill up SET : B BTAX111 INCOME AND BUSINESS TAXATION NAME: C/Y/S: An individual taxpayer has submitted the following data during the taxable year 2014 Name: Maria Chiz Mosa Address: Blk. 12 lot 14 Xanderville Village, Cubao Quezon City TIN: 267-258-345-000 RDO: 034 Nature of Business: Merchandising, sole-proprietorship Business name: Makabayan General Merchandise Nationality: Filipino Date of Birth: December 12, 1971 Employer's name: Cypcypin Philippines Incoporated Employer's TIN: 345-678-920-000 The said individual taxpayer is married and has the following dependents. Name Stella Americana Felipe Filipinas Felipa Filipinas Philip Filipinas Nora Filipinas Felma Tinamaarn Relation Wife Son Daughter Son Mother Aunt Ade 27 No No Yes Yes Yes No No No No No No Yes 15 20 64 The following are the income earned by the taxpayer coming from different sources. Compensation income Basic salary 13th month pay Over time pay Withholding tax on wages per BIR form 2316 300,000 25,000 60,000 30,000 Business income Rental income, net of 5 % withholding tax Withholding tax on rent per BIR form 2307 136,800.00 1st to 3rd quarter - 4th quarter 5,400 1,800 7,200 2,500,000 sales (60% is gross profit) Passive income Interest income on peso savings deposit 12,000 Operating expenses 75,000 Supplies 82,500 Delivery expense Salary and wages 30,000 22,500 18,750 63,750 3,750 6,750 300,000 Communication Travel expense Light and water 180,000 Seminars and trainings Repairs and maintenance - labor Gas and oil 30,000 Taxes and licenses Depreciation 225,000 Miscellaneous Other data: Merchandise, Inventory, beginning Purchases Merchandise, Inventory, ending Tax payments for the first three quarters 85,000 750,000 (165,000) 40,000 Required: * Using the given data of Mr. Filipinas, fill out his annual income tax return using BIR form 1701. * Compute his income tax due and payable Submit your accomplished BIR form 1701 in a sliding folder, with this r as the front page