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2:21 Q 57% On June 1, 2019, YODA CORP. acquired a 5-year, 10 %, P1,000,000 face value bonds at 92. The company paid broker's
2:21 Q 57% On June 1, 2019, YODA CORP. acquired a 5-year, 10 %, P1,000,000 face value bonds at 92. The company paid broker's fees and non-refundable taxes amounting to P118,896. As a result, yield rate on the bond was 9%. Interests are collectible annually every May 31. The bonds were selling at 120, 105, 98 as of December 31, 2019, December 31, 2020 and December 31, 2021; respectively. On September 30, 2021, YODA sold P250,000 face value bonds for a total cost of P280,000. Case 1: Answer the following questions assuming the company classifies the investment as financial assets at amortized cost: How much is the December 31, 2021 interest receivable? 43,750 O 17,259 18,750 III = #
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