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  3. betty received a total sum of p42,000 from his emp

Betty received a total sum of P42,000 from his employer consisting of the following: ...

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Accounting

  1. Betty received a total sum of P42,000 from his employer consisting of the following:

*P5,000 reimbursement for employees expenses paid by Betty.

*P15,000 payment of Betty computer set up purchased by the employer.

*P22,000 monthly salary.

*Betty's computer set cost him P12,000. Compute the total return on capital which can be subjected to income tax.

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