Ana operates a pet shop and at the same time, offers interior design services to her clients. The following data were provided by Ana for 2019 taxable year:

Pet Shop:

Gross sales PhP 1,800,000

Cost of sales 600,000

Operating expenses 200,000

Interior Design Services:

Gross sales PhP 1,150,000

Cost of sales 120,000

Operating expenses 80,000

29. How much is the income tax liability for the year:

P475,000

P540,000

P216,000

P345,000 30. Assuming Ana signified here intention to be taxed at 8% income tax rate on her first quarter income tax return, how much is her income tax for the year?

P540,000

P216,000

P430,000

P300,000