On October 1, 2020, Yost Company Purchased 4,000, of the P1,000 face value, 10% bonds of Pell Company for P4,400,000 which includes accrued interest of P100,000. The Bonds which mature on January 1, 2027 pay interest semiannually on January 1 and July 1. Yost Company used the straight line method of amortization and appropriately recorded the bonds as long-term investment. What is the carrying amount of the bonds on December 31, 2020? Select the correct response: 4,284,000 4,288,000 4,400,000 4,300,000