Question: Hello im in rush right now can someone please help me. I need clear solution that is easy to copy thank you!! Please provide correct

Hello im in rush right now can someone please help me. I need clear solution that is easy to copy thank you!!

Please provide correct answer thanks you! I need this Asap

Hello im in rush right now can someone please help me. I

For item nos. 2520: On January 1, 2021, Jessi Company sold equipment with a carrying amount of 911,500,000 in exchange for a P0,000,000 noninterest hearing note due January 1I 2024. ThEre was no established Exchange price for the equipment. The prevailing rate of interest for a note of this type on January 1, 2021 was 10%. The present 1.ialue of 1 at 10% for three periods is 0.?5. 25] What amount should be reported as intErest income for 2021'?I a. 90,000 in. 450,000 C. 500,000 :1. 000000 e. none of the above 26] What amount should be reported as gain or loss on sale of equipment? a. 300,000 loss is. 300,000 gain e. 1,200,000 gain :1. 2.?00,000 gain e none of the above

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