On January 1, 2021, North Company acquired machinery with a cash price of P750,000 for 1,000,000. The entity paid P250,000 and signed a non-interest bearing promissory note for the balance payable in 4 equal installments every December 31 of each year. Complete the table below: Jan 1, 2021 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 STATEMENT OF FINANCIAL POSITION Note payable Discount on note payable Net STATEMENT OF COMPREHENSIVE INCOME Interest expense