The following are the revenue items in the Income Statement of a domestic corporation for the year 2021: Gain from sale of office equipment, P20,000 Gain from sale of land not used in business (selling price of P300,000), P100,000 Gain from sale of shares of stock directly to the buyer, P50,000 Gain from sale of shares of stock through the stock exchange (selling price, P200,000), P10,000 Bad debt recovery, P50,000 How much is the total capital gains tax?   a. P21,250 b. P25,500 c. P60,000 d. P45,000

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