1. Based on data below what is the amount to be added as additional expense to a manufacturing business which is an accredited training institution as granted by CHED, for the current year:

Total direct labor wage P1,500,000

Total labor wage in clearing business office area P50,000

Total Training Expenses P450,000

2. Compute for the total Fringe Benefit tax of the following:

A board resolution approved the grant of the Corporate Chief Executive for a transfer of ownership of a residential unit to him with a FMV of P5, 000,000 and a Zonal Value of P7,500,000.

3. For Domestic Corporation with the following data, what is the income tax due for the year 2022?

Gross Income P18,000,000

Net Income 5,000,000

Total Assets P50,000,000

4. What is the monetary value of the following benefit:

An employer granted its Supervisor the use of a motor vehicle with a value of P2, 500,000 for the current year.