pls answer Problem $7-8($IAA$)$ Kalibo Bank loaned P$5,000,000$ to Caticlan Company on January $1,2022.$ The terms of the loan require principal payments of P$1,000,000$ each year for $5$ years plus interest at $\backslash (8\backslash \%\backslash ).$ The first principal and interest payment is due on January $1,2023.$ Caticlan Company made the required payments during $2023$ and $2024.$ However, during $2024$ Caticlan Company began to experience financial difficulties, requiring Kalibo Bank to reassess the collectibility of the loan. On December $31,2024,$ 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 $31,2024.$ The PV of $1$ at $\backslash (8\backslash \%\backslash )$ is $\mathrm{.}93$ for one period, $\backslash (\mathrm{.}86\backslash )$ for two periods and $\backslash (\mathrm{.}79\backslash )$ for three periods. Required: what is the carrying amount of the loan receivable on december $21,2026?$