ANSWER ALL PLEASE with solution

Problem 8-15 (AICPA Adapted) On September 1, 2019, Pine Company issued a note payable in the amount of P1,800,000, bearing interest at 12%, and payable in three equal annual principal payments of P600,000. On this date, the prime rate was 11%. The first interest and principal payment was made on On December 31, 2020, what amount should be reported as September 1, 2020. accrued interest payable? a. 44,000 b. 48,000 c. 66,000 d. 72,000 (AICPA Adapted)