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answer choice carefully and choose the ONE best answer, Try to answer all questions in good accounting format. D Question 63 1 pts On January

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answer choice carefully and choose the ONE best answer, Try to answer all questions in good accounting format. D Question 63 1 pts On January 1, 2020 MNO Corporation purchased a P1,500,000, 12%, 3-year bond. The bonds were acquired for P1,051,711.00 at the market rate of 14%. The entity classifies the bonds instrument as FAAC investment. The fair value of the bonds at the end of each year is listed below; December 31, 2020 98 December 31, 2020 100 December 31. 2020 102 63. Determine the carrying amount at amortized cost for 2020. A. P 1.000.000.00 B. P 1018715.7104 C. P 1,035,847.88 D.P 1 051,711.00

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