FO.3. Villamin and Francis are partners in a commercial partnership, and loss ratio of 3:6. In 2021, the following data were provided: PARTNERSHIP: With prof Gross revenue from sale of services P35,000,000 Direct cost of services 15,000,000 Business Expenses 7,000,000 Rental Income in business assets (net of tax) 1,425,000 Interest Income on peso bank deposits 200,000 Interest income on U.S. $ deposits under the 500,000 expanded foreign currency deposit system Capital gain on sale of real property classified 3,000,000 as capital asset located in Q.C. Selling Price-P20M; FMV-25M; Cost-17M Quarterly tax payments 750,000