B. Answer the following items with a minimum of 3 sentences (5 points each) 1. An OFW residing in Canada sent her young brother gadgets and Air Jordan shoes worth P300,000 on December 1, 2017. Her brother received the gift on January 15, 2018 and immediately informed his sister of his acceptance. What is the applicable donor's tax rate? 2. San Mig Incorporated transferred a plant asset to Bibo Corporation, a subsidiary of San Mig, Incorporated. Is the transfer subject to donor's tax? 3. On January 1, 2021, a creditor cancels the debt of a debtor in exchange of services rendered by the late. Should the debt cancelled by the creditor considered as donation? 4. In 2021, Omega Corporation cancels the P100,000 debts of its debtor-shareholder, Pedro, because of a good thing done by him to the latter. Should the amount of cancelled by the creditor considered as donation