On May 1, 2022, Barcelona Company issued a five-year P2,000,000 face value bonds with stated rate of 16%. The bonds were issued to yield 14%. Interests are payable semi-annually on May 1 and November 1. Barcelona Company uses the calendar year and the effective interest method of amortization. Present value of 1 at 7% for 10 periods is 0.5084. Present value of an ordinary annuity of 1 at 7% for 10 periods is 7.0236. What is the bond carrying amount at December 31, 2023? On January 1, 2021, Mawi Co. issued 1,000, P4,000, 12%, 3 years bonds for P4,198,948. Principal is due on December 31, 2023 but interest are due annually every year-end. The effective interest rate is 10%. How much is the unamortized premium on bonds as of December 31, 2021? On May 1, 2022, Barcelona Company issued a five-year P2,000,000 face value bonds with stated rate of 16%. The bonds were issued to yield 14%. Interests are payable semi-annually on May 1 and November 1. Barcelona Company uses the calendar year and the effective interest method of amortization. Present value of 1 at 7% for 10 periods is 0.5084. Present value of an ordinary annuity of 1 at 7% for 10 periods is 7.0236. How much is the issue price of the bonds? Nami, Inc., issued 2,000 of its 5 year P1,000 face value 11% bonds on January 1, 2018. These bonds were sold for P2.155,800 a price that yields 9%. The bonds were dated January 1, 2018 and pay interest annually every December 31. On July 1, 2020, 1,000 of the bonds were retired, the company paying P1,100,000 inclusive of accrued interest. What amount of gain or (loss) on retirement of bonds payable during 2020