On January 1, 2020, CANDICE Company acquired an equipment for P5,000,000. The estimated useful life is 10 years and that the residual of the equipment is P500,000 at that time. On December 31, 2022, the equipment was sold for P3,800,000. How much is the annual depreciation? Question 41 1 pts On August 1, 2020, PHINEAS Company borrowed P9,000,000 from a lender to be paid on February 1, 2021. The interest is 8% per annum. What is the maturity value of the loan? On August 1, 2020, PHINEAS Company borrowed P9,000,000 from a lender to be paid on February 1, 2021. The interest is 8% per annum. How much is the interest expense for 2021? Question 43 3 p FERB Company obtained a loan on June 30, 2020 and will pay a total amount of P2,473,515 (i.e. maturity value) on December 31, 2020. The interest is 9% per year. How much is the loan principal