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Question 1: Black Tea Corp. reported the following information: Revenue - PHP 32,500; Operating Expenses - PHP 16,250. Included in the operating expense are salaries and wages of PHP 1,450, depreciation of PHP 500, and rentals of PHP 275. The interest expense incurred is PHP 200. How much is the EBITDA for the period?
Option 1: PHP 16,250
Option 2: PHP 14,025
Option 3: PHP 16,550
Option 4: PHP 16,750
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