15,16,17 please help me to answer all i really need it

1 poli 15. On January 1, 2012, when the market rate for bond interest was 12%, Victoria Corporation issued P10 million face amount of bonds with interest to be paid semiannually at a 10% annual rate. The bonds mature on December 31, 2021 and were issued at a discount of P1,145,000. How much of the discount should be amortized by the interest method at July 1, 2012? a. P11,450 O b. P31,300 O c. P57,250 O d. P696,667 1 point 16. On January 1, 2012, the Dolce Corporation issued a three-year, non- interest bearing note with face value of P3,000,000 for a piece of land purchased from Jardine Corporation. The note is payable in annual installments of P1,000,000 every December 31, starting on December 31, 2012. The land has an equivalent cash price of P2,400,000, a price that provides the note an effective interest rate of 12%. What is the interest expense for the year ending December 31, 20122* a. P360,000 O b. P288,000 O c. P240,000 d. P168,000 17. Use the same information given in the preceding problem. How much of the Notes Payable, net of discount, should be reported as part of current liabilities on December 31, 2012 statement of financial position? * a. P1,000,000 O b. P890,560 O c. P805,120 d. P797,440