What is the deductible amount of interest?

LTE Corporation, a domestic corporation engaged in the manufacture of ready-to-wear clothes, had the following data during the taxable year: Gross sales P 30,000,000 Cost of sales (direct labor, P5.4 M) 18,000,000 Operating expenses Labor training expenses 4,500,000 500,000 The training expenses were incurred for skills development of enterprise based trainees in public higher education institutions covered by apprenticeship under the Labor Code, with Certification from TESDA. How much is the taxable total allowable deductions from gross income? A. 5,250,000 B. 5,040,000 C. 4,750,000 D. 4,250,000 36. The following interest payments were made by an individual income taxpayer in 2022: Interest on loan from BDO used to finance a business Interest on loan from Pag-Ibig to build residence P 50,000 100,000 Interest on loan obtained from brother 25,000 and used in business Interest on loan from BPI used to buy 30,000 computer equipment in the office Interest for late payment of value-added 2,500 tax Interest on purchase price of residential lot bought on installments 2,000 Interest payment on a debt which has prescribed 12,000