9 On May 1,2020, ABC Corporation issued a 5-year, 10%, 1,000 of the P 5,000 face value bonds with a yield of 12%. The bonds is payable in series of five equal annual installments every April 30 and pays annual interest based on the outstanding balance starting on April 30,2020. As of December 31,2021, how much is the carrying value of the bonds to be presented in the Statement of Financial Position of ABC Corporation? (For present value factors, do not round off) * (1 Point) P 3,839,558.22 P 4,146,722.88 P 2.900,305.21 P 3,880,056.22 10 On December 13, 2019, ABC Company was in an accident with an automobile driven by DEF. ABC received notice on December 31,2019 of a lawsuit for P600,000 damages for personal injuries suffered by DEF. ABC's counsel believes it is probable that DEF will be awarded an estimated amount in the range between P300,000 and P600,000 and that P 450,000 is a best estimate of potential liability. ABC's accounting year ends on December 31 and the 2019 financial statements were issued on March 2, 2020. On April 30,2020, before the financial statements were issued, ABC settled DEF for the amount of P 500,000. What amount of liability should ABC Company recognize at December 31, 2019?* (1 Point) P 600,000 P 300,000 P 500,000 P 450,000