Please help me with this

Beach Bank loaned Boracay Company P7,500,000 on January 1, 2014. The terms of the loan were payment in full on January 1, 2018 plus annual interest payment at 11%. The interest payment was made as scheduled on January 1, 2015. However, due to financial setbacks, Boracay Company was unable to make the 2016 interest payment. Beach Bank considered the loaned impaired and projected the cash flows from the loan on December 31, 2016. The Bank accrued the interest on December 31 2015, but did not continue to accrue interest for 2016 due to the impairment of the loan. The projected cash flows are: Date of Cash flow Amount Projected on December 31, 2016 December 31, 2017 P500,000 December 31, 2018 P1,000,000 December 31, 2019 P2,000,0DO December 31, 2020 P4,000,000 The PV of 1 at 11% is 0.90 for one period, 0.81 for two periods, 0.73 for three periods, and 0.66 for four periods. 3. What is the loan impairment loss on December 31, 2016? O A. P2,965,000 O B. P2,240,000 C. P5,360,000 O D. P2,140,000 4. Based on the above info, 2 points what is the carrying amount of the loan receivable on December 31, 2017? * O A. P7,000,000 O B. P5,449,600 C. P4,860,000 D. P5,949,600