7 Problem A Dahlia Company has two notes receivable on hand as of December 31, 2020 with the following information: Payment terms: Issue date of the note: May 1, 2019 Outstanding principal as of December 31, 2020: P1,875,000 Stated interest rate: 12% Due in four annual installments of P625,000 plus accrued interest every April 30 starting April 30, 2020. of the fc January 1, 2020 2,000,000 10% Due in three annual installments of P1,000,000 plus accrued interest every December 31 starting December 31, 2020. a Money 500,00 8% October 1, 2020 Due on September 30, 2023. C 3 How much is the interest income for the year 2020?* (2 Points)