A domestic corporation registered in 1998, provided the following data: 2021 P25,000,000 Sales P18,000,000 Cost of Sales P7,200,000 Business Expenses 2022 P32,000,000 Sales P20,000,000 Cost of Sales P11,900,000 Business Expenses Additional information: Remaining Net Operating Loss (NOL) from 2018: P50,000 NOL incurred in 2020: P180,000 Excess MCIT over RCIT in 2018: P200,000 Excess MCIT over RCIT in 2020: P80,000 Assets: P125,000,000 The income tax payable in 2022 should be ____.