Question: The following cumulative balances during the year 2018 on income and expenses were provided by Tupac Shakur, a resident citizen. 1st quarter 2nd quarter 3rd

The following cumulative balances during the year 2018 on income and expenses were provided by Tupac Shakur, a resident citizen.

1st quarter2nd quarter3rd quarter4th quarter
Gross sales300,000.00650,000.00910,000.001,200,000.00
Cost of Sales120,000.00262,000.00405,890.00426,700.00
Creditable Withholding Tax-5,000.0025,000.0025,000.00
Dividends-domestic corporation20,000.0020,000.0030,000.0030,000.00
Interest income - domestic
BPI4,000.008,000.0012,000.0016,000.00
UCPB8,000.0012,000.0016,000.0018,000.00
METROBANK5,000.0010,000.0015,000.0030,000.00
CAPITAL GAIN ON SALE OF LAND150,000.00150,000.00150,000.00150,000.00
>SELLING PRICE IS P600,000 COST IS P450,000

How much is the total final tax on interest income?

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