A company issued a P3 million three-year non-interest-bearing note on January 1, 2021, for a piece of land. The note was payable in three equal annual installments every December 31 starting December 31, 2021. The cash price equivalent of the land on January 1, 2021. was P2,401.800. What is the balance of the discount on notes payable on December 31, 2021? (Round off PV factor to 4 decimal places. Round off final answer to the nearest peso. Question 36 2 pts A company's accounts payable dated December 31, 2021. totaled P1,000,000 before any necessary year-end adjustments relating to the following transactions and information: On December 27, 2021, the company wrote and issued checks to creditors totaling P350,000. The issuance of the checks was recorded on January 3, 2022 On December 28, 2021. the company purchased and received goods for P150.000, terms 2/10, n/30. The company records purchases and accounts payable at net amounts. The invoice was recorded and paid on January 3, 2022 Goods shipped FOB Destination on December 20.2021. from a vendor to the company were received on January 2, 2022. The invoice cost was P65.000. The purchase was recorded on January 2022 Goods costing P120,000 were purchased from supplier with terms FOB shipping point on December 28, 2021. The company received the goods and the invoice on January 4, 2022 The P1,000.000 ledger balance of accounts payable is net of P80,000 debit balance in one supplier's accounts representing deposit for goods to be delivered in February 2022. What amount should the company report as total accounts payable on December 31, 2021