EXERCISE 4-3 On January 1, 2020, Beckham acquired a P2,000,000, 10% bond for P2,159,708. The ongoing interest rate on the date of the acquisition of the bonds was 8%. Beckham classifies the bonds as financial asset at fair value through other income. The fair value of the bonds at the end of each year is listed comprehensive below: 102 December 31, 2020 December 31, 2021 December 31, 2022 98 101 1. Determine the carrying amount of the debt instrument at the end of each year from 2020 to 2022. 2. Determine the interest income recognized by Beckham on the bonds every year from 2020 to 2022. 3. Determine the gain or loss on change in fair value recognized in Patton's statement of other comprehensive income during each year from 2020 to 2022. 4. Determine the ending balance of Unrealized Gain or Loss on Financial Asset at Fair Value through other comprehensive income found in Beckham's shareholders' equity at the end of each year from 2020 to 2022