Mr. Masigasig created a trust in favor of Pedro. A large sum entrusted to BDO (Trustee), the income of which is accumulated Pedro. The following data were provided:  Gross income of the trust .................................................................

Mr. Masigasig created a trust in favor of Pedro. A large sum entrusted to BDO (Trustee), the income of which is accumulated Pedro. The following data were provided: 

Gross income of the trust .................................................................P3,000,000

Deductible business expenses of the trust .....................................1,800,000

Income distributed to Pedro during the year .....................................200,000

Dividend income from domestic corporation..................................... 100,000

Dividend income from resident foreign corporation ........................100,000 

Interest income from U.S. $ deposits ..................................................200,000 

Interest income from peso deposits ..................................................100,000 

 Personal Income and Expenses of Pedro 

Compensation income .....................................800,000 

Rental income (net) .........................................475,000 

Rental expenses ..............................................80,000

Royalty income, books ...................................300,000

Other royalty ................................................120,000

income Dividend from domestic corporation ..30,000 

Dividend from foreign corporation .....................8,250

Prize, S&R raffle ...............................................15,000

Lotto winnings .........................................10,000,000

Tax payments (Quarter 1-3)...........................120,000

Required: 

Determine the following: 

1. Income tax payable of the trust 

2. Income tax payable of Pedro