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In 2023, Halaya owns a nightclub and videoke bar, with gross sales or receipts of 2,800,000. Her cost of sales and operating expenses are 1,150,000 and 850,000, respectively, and with a non-operating income of 200,000.

Determine whether the taxpayer can opt to avail of the 8% preferential income tax. If yes, write yes and your reasons why and compute the total taxes due. If no, write no and your reasons why and compute the total taxes due.