The following data were provided by The Next five (5) questions are based on the following: Le Bron Corporation has the following information for 2024 taxable year: QUARTER RCIT. MCIT CWT First 200,000 160,000 40,000 Second 240,000 500,000 60,000 Third 500,000 150,000 80,000 Fourth 300,000 200,000 70,000 Additional Information: *Excess MCIT from 2023: P60,000; *Excess tax credits from 2023: P20,000. How much was the income tax payable for the first quarter? a. P200,000 b. b. P160,000 c. P120,000 d. P80,000 2. How much was the income tax payable for the second quarter? a. P660,000 b. b. P460,00 c. P200,000 d. P160,000 d. P160,000 3. How much was the income tax payable for the third quarter? a. P860,000 b. P120,000 c. P600,000 d. P140,000 4. How much was the annual income tax payable? a. P1,260,000 b. P390,000 c. P230,000 d. P930,000