In reviewing the books of GRACE CORPORATION as of Dec. 31, 2020 before the accounts are closed, you found four(4) entries posted to the following long-term investment bond account below : Investment in Bonds (12% Bonds of 20 years, Due April 2, 2026 2020 :2020 Jan. 2 Bonds of P400,000 par acquired at 106% plus accrued :Mar. 2 Sold P80,000 par and interest accrued interest P88,000 P436,000:Apr. 2 Semi-annual interest 19,200 :Oct. 2 Semi-annual interest 19,200 REQUIRED: 1. Compute for the following. Show computations neatly; label data to get credit. a. The acquisition cost on Jan. 2, 2020 b Maximum holding period of Grace Corporation in months 2. Prepare the table showing the following: a. Nominal interest b. Premium amortization (FFective Interest method) C. Effective interest d. Carrying values (up to due date) 3. Prepare the correct entries in 2020 in conformity with PFRS. Include year-end adjusting (Dec. 31) and closing entries