Xyz corporation owns a condominium unit. during the year, the said corporation furnished and granted the said property for the residential use of its assistant vice-president. the fair market value of the said property as determined by the commissioner pursuant amounts p10, 000, 000.00 while its fair market value as shown in its current real property tax declaration amounts to p8,000,000.00. for the current month, how much should the company debit under the account "fringe benefit expense"?(2 points)
a. zero
b. p20, 833
c. p41, 667
d. p62, 500