Carding earns income from both employment and business. He earned P350,000 taxable compensation, excluding P90,000 exempt compensation, and a net loss in his business in the amount of P125,000. Compute the taxable income of Carding:  a. P135,000 b. P225,000 c. P260,000 d. P350,000

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A:

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Q: I need

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