TAXATION ACCOUNTING

Please answer with complete solution.

Case A: 1) Determine the income tax due assuming the gross sateslreceipts and other non- operating income\" for 2018 is P240, 000 2) Using the data below. determine the income tax due for 2018: Gross sales P2. 800. 000 Cost of sales (1. 500. 000) Operating expenses (750, 000) Net income P550, 000 3) Assume the SEP in the preceding number opted to avail the 8% tax under the TRAIN Law