Nintensoft Corporation, a VAT taxpayer, had the following data for each of the months indicated below:...

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Nintensoft Corporation, a VAT taxpayer, had the following data for each of the months indicated below: Sales July August September P5,000,000 P4,800,000 P5,200,000 Purchases: Goods for Sale 2,000,000 P2,200,000 P1,800,000 Delivery equipment 500,000 800,000 0 Store equipment 400,000 600,000 500,000 Useful Life of Delivery Equipment - 6 years Useful Life of Store Equipment - 4 years (All amounts are VAT- exclusive.) How much is VAT payable for the month of August? P308,900 P306,900 P144,000 P312,000 Nintensoft Corporation, a VAT taxpayer, had the following data for each of the months indicated below: Sales July August September P5,000,000 P4,800,000 P5,200,000 Purchases: Goods for Sale 2,000,000 P2,200,000 P1,800,000 Delivery equipment 500,000 800,000 0 Store equipment 400,000 600,000 500,000 Useful Life of Delivery Equipment - 6 years Useful Life of Store Equipment - 4 years (All amounts are VAT- exclusive.) How much is VAT payable for the month of August? P308,900 P306,900 P144,000 P312,000

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