Question: will send a thumbs up immediately WITH SOLUTIONS PER NUMBERS please thank you On January 1, 2018, Sana Madali lang Company sold machinery costing P5,000,000

will send a thumbs up immediately WITH SOLUTIONS PER NUMBERS please thank you

On January 1, 2018, Sana Madali lang Company sold machinery costing P5,000,000 with accumulated depreciation of P1800,000. In consideration for the sale,Sana Madali lang Company received cash of P100,000 and a P3,000,000 non-interest bearing note due on December 31, 2021. The prevailing interest rate for a note of this type is 10%. (The PVF of 1 a 10% for 4 years is 06:30 while the PVF of ordinary anulty at 10% for 4 years is 3.1699 1. How much is the carrying amount of the note on Initial recognition? a P3,000,000 d P2.117.300 P5.000.000 e P9.509.700 c P2,048.000 2 How much is the loss on sale of machinery & P1.051.000 d. 2.700 P1082.700 P2,851.000 P1,151,000 3. How much is the interest income for 2018 & P225.390 P232.905 P204.00 P300,000 P211730 4. How much is the carrying amount of the note on December 31, 2017 P2.129.00 P2.253.900 P2.401.891 P2.479.200 P2.561.859

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