Idealist Company secured a one-year bank loan of P4,000,000 on October 1, 2021. The loan was discounted at 10%. The entity signed a note for the loan and pledged P5,000,000 of its accounts receivable as collateral for the same. The accounting period of the entity ends on December 31. 27. How much is the proceeds from the loan? 28. What is the interest expense for the year ended December 31, 2021? 29. What is the carrying amount of the note payable on December 31, 2021? 30. How much of accounts receivable should be reclassified?