On January 1, 2021, Anthem Lights Co. issued P4,000,000, 12%, four-year serial bonds. The bonds were issued to yield 11%. The bond indenture calls for equal annual interest payments every December 31, along with the principal on the unpaid balance. 1. Compute for the issuance price of the bonds. 2. Prepare an amortization table for the bonds. Prepare the journal entry for the payment made on December 31, 2021. 3. How much is the unamortized discount or premium on the bonds on December 31, 2021?