Brianna (resident citizen), earning compensation income and from self-employment, provided the following data for the 1(st) quarter of 2018 Compensation income  P 780,000 Sales 1,275,000 Cost of sales  625,000 Business expenses 350,000 Royalty from books 40,000 Gain on direct sale to buyer of shares of stock of a domestic corp. held as capital asset  70,000 Loss on sale of land in the Philippines held as a capital asset with cost of P1.5M when the zonal value is P1,200,000.      500,000 A. Determine the total business tax due and payable for the first semester B. Determine the total business tax due and payable for the first quarter, if applicable, assuming Brianna opted to be taxed at 8%

Brianna (resident citizen), earning compensation income and from self-employment, provided the following data for the 1(st) quarter of 2018

Compensation income  P 780,000

Sales 1,275,000

Cost of sales  625,000

Business expenses 350,000

Royalty from books 40,000

Gain on direct sale to buyer of shares of stock of a domestic corp. held as capital asset  70,000

Loss on sale of land in the Philippines held as a capital asset with cost of P1.5M when the zonal value is P1,200,000.      500,000

A. Determine the total business tax due and payable for the first semester

B. Determine the total business tax due and payable for the first quarter, if applicable, assuming Brianna opted to be taxed at 8%