Determine the Realized gross profit and interest income for the year 2015, and unrecovered cost as of December 31, 2015, respectively?

On January 1, 2014, Landlady Company sold 20,000 square meters of farmland for P600,000 to Michelle, taking in exchange a 10% interest bearing note Landlady Company purchased the farmland in 2011 at a cost of P500,000. The note will be paid in three instalments of P241,269 including interest each on December 31, 2014, 2015, and 2016. Shortly, after the sale Landlady Company learns distressing news about Michelle's financial circumstances and because collection is so uncertain and decides to account for the sale using the cost recovery method.