We win as one" Corporation's record show: (see image) The income tax due 1 point and income tax payable, respectively, for the year are Excess MCIT Prior Year P30 000 Express withholding Tax Prior Year P10,000 Quarter First Second Third Fourth Normal Income Tax P100,000 120,000 250,000 200,000 MCIT P80,000 250,000 100,000 100.000 Taxes Withheld P20,000 30,000 40,000 35,000 Using the preceding problem except that the normal income tax for the fourth quarter is P50,000 (instead of P200,000), the income tax still due for the year is O a. 120,000 O b. 55,000 O c. 45,000 O d. 75,000