Aether is a manufacturer of computer parts. On January 1, 2020, it sold several integrated circuits to a major customer for a P2,000,000 non-interest bearing note. They agreed that the note would have a term of 4 years and would require payments of P500,000 every January 1 starting 2021. The effective interest at the time of sale was 6%. What is interest income for the year 2022? Show computation, amortization table and journal entries.