JKL Company was authorized to issue a 14%,5-year bond with a face amount of P15,000,000 on January 1,2X1. P3,000,000 of the bonds mature every December 31. Interest on the bonds is payable semiannually on June 30 and December 31 of each year. The entity amortizes discount or premium only at the end of the calendar year using the bond outstanding method. If the company sold the bonds at 95 , complete the table below. White Company issued P8,000,000,12% bonds on December 31,2X1, at 96 . Interest is payable annually on December 31 . Bond maturity Prepare a schedule showing the annual amortization of the bond discount using the bond outstanding method. Complete the table below