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MICOR Computation - Corrected
MICOR Computation - Corrected
MICOR Computation - Corrected
INVESTMENT 900,000.00
Investment 900,000.00
Lot Valuation (110 sqm x P 8,000.) - 880,000.00
Interest 1,178,758.43
Tax - 58,937.92
1,119,820.51
2019 (2019 net of tax) 17,546.25
Net of Interest Paid from the Years 2000-2019 1,137,366.76
SUMMARY :
CALMAR LOT 1,100,000.00
CASH TO BE GIVEN 20,000.00
INTEREST ALREADY PAID (earlier years prior to
year 2000 not yet included) 1,137,366.76
2,257,366.76
INVESTMENT (900,000.00)
TOTAL PROFIT FROM MMS 1,357,366.76