During the year ended December 31, 2020. Pine Company paid P46,000 for interest, but Pine's 2020 income statement properly reported interest expense of P50,000. There was no prepaid interest either at the beginning or at the end of 2020. Accrued interest at December 31, 2020 amounted to P5,000. How much was the accrued interest at December 31, 2019?

Group of answer choices

0

5,000

1,000

4,000