Please prepare amortization table. Please complete the process needed.`

REINFORCEMENT ASSIGNMENT DIRECTION: Prepare an amortization table Kalibo Bank loaned P5,000,000 to Caticlan Company on January 1, 2012. The terms of the loan require principal payments of P1,000,000 each year for 5 years plus interest at 8%. The first principal and interest payment is due on January 1,2013. Caticlan Company made the required payments during 2013 and 2014. However, during 2014 Caticlan Company began to experience financial difficulties, requiring Kalibo Bank to reassess the collectibility of the loan. On December 31,2014, Kalibo Bank has determined that the remaining principal payment will be collected but the collection of the interest is unlikely. Kalibo Bank did not accrue the interest on December 31, 2014. The present value of 1 at 8% is as follows: For one period 0.926 For two periods 0.857 For three periods 0.794 Required: Prepare the amortization table of the loan after impairment