The mischiefs not included in the next preceding article shall be punished:
1. By arresto mayor in its medium and maximum periods, if the value of the damage caused exceeds Two hundred thousand pesos (₱200,000);
2. By arresto mayor in its minimum and medium periods, if such value is over Forty thousand pesos (₱40,000) but does not exceed Two hundred thousand pesos (₱200,000); and "3. By arresto menor or a fine of not less than the value of the damage caused and not more than Forty thousand pesos (₱40,000), if the amount involved does not exceed Forty thousand pesos (₱40,000) or cannot be estimated.