Co. 4. Help the inexperienced accountant of Ala-alipaw reconstruct the information required in the numbered blanks: Face amount (1) Discount on notes payable on initial recognition (2) Effective interest rate Term of the note (in years) (3) 07:00 19:247 0019 (4) CH Date Payments Interest expense Amortization Present value 1/1/x1 1,119,2722 12/31/x1 400,000 179,084 (5) 898,356 12/31/x2 400,000 (6) 256,263 (7) 12/31/x3 400,000 102,735 (8) 344,828 (9) 400,000 (10) 344,828 0 5. The current and noncurrent portions of Baa-baa Co.'s note payable at the end of the 1st year are P213,534 and P507,016, respectively. The note is payable in four equal annual payments of P300,000 every December 31. Baa-baa Co. reported interest expense of P86,466 in the 2nd year. The note was initially recognized at P911,205 on Jan. 1 of Year 1