On November 1, 2020, A Company issued its 9% callable bonds in the face amount of P2.5 M which matures on October 31, 2030. The market rate of the bonds is 12%. The interest payment date is on April 30 and October 31. A Company uses the effective interest of amortizing discount and premium. Use the table below to compute the present values: 12% 9% 6% . 4.5% The present value of 1 for 10 0.3220 0.4224 .5584 0.6439 periods The present value of 1 for 20 0.1037 0.1784 0.3118 0.4146 periods The present value of an 5.650 6.4177 7.361 7.9127 ordinary annuity for 10 periods The present value of an 7.469 9.1286 11.4699 13.0079 ordinary annuity for 20 periods Required: 1. Compute for the issue price of the bonds. 2. Complete the amortization table below: Round-off your answer to whole numbers. Premiium or Date Int payment Interest Expense UnAmortized Carrying Value Discount nt Premium/Discc Amortization Nov 1, 2020 April 30, 2021 October 31, 2021 3. Compute for the amount of interest expense recorded on the December 31, 2020 journal entry. 5. Compute for the carrying amount of the Bonds Payable on December 31, 2020.