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Find the total final tax that should have been withheld

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Reference no: EM132717275

Mr. Aguak earned the following prizes from two different competitions:

Date                                 Event                       Gross Prize

January 4, 2017 Singing competition P 12, 000

February 14, 2017 Painting Competition 10, 000

Problem 1: Compute the total final tax that should have been withheld from the above prizes.

a. P 5, 500

b. P 4, 420

c. P 3, 000

d. P 2, 400

 

Reference no: EM132717275

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