D Co. is a common carrier with passenger buses and cargo trucks.

For the month of June, 2006, it had the data on revenues and
receipts, taxes not included:

For transporting passengers, gross revenue and receipts of P330, 000;

For transporting cargoes, gross revenues of P220, 000, of which, P200, 000 was received
For renting out to the MMDA its towing trucks, gross receipts of P50, 000, representing P10, 000 from gross revenues of the
quarter ending March 31 and P40, 000 for the month of June.

Percentage tax:

a. P17,400 b. P9,900 c. P16,500 d. P15,900

13. The Sports Promotions, Inc. is a sports promoter which leases the Manila Coliseum at a monthly rental of P800, 000. It
conducts boxing exhibitions and professional basketball games in the coliseum. In a month, it had the following gross receipts
from professional basketball games: Gate receipts- P5, 000,000; Sales of food at stands maintained by it in the coliseum- P900,
000; Sales of television rights- P1, 000,000. The rent expense is P2, 400,000.

The percentage tax is:

a. P1,035,000 b. P936,000 c. P750,000 d. none of the above