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4-. On January 1, 2018, McClaren Company purchased 4year P 8,000,000 10% bonds dated December 31, 2012?. Interest is payable annually every December 31. McClaren designated the bonds as available for sale. The issuer paid the interestas scheduled in 2018. During 2019, the issuer of the bonds is in nancial difculties and it becomes probable that the issuer will be put into administration by a receiver. On December 31, 2019, McClaren estimated that none of the interest will be collected and only P 6,000,000 of the principal will be collected on maturity date. No cash ows were received during 2020. At the end of 2020, the issuer is released from administration and McClaren received a letter from the receiver stating that the issuer will be able to meet its remaining obligations on maturity, including interest and repayment of principal. Prevailing market interest rate are as follows: ]anuary 1, 2013, 12%, December 31, 2018, 13%, December 31, 2019, 14%, and December 31, 2020, 11%. Compute: [1] Carrying amount of the Investment in Bonds on December 31, 2018, [2) Net unrealized loss in accumulated 001 in equity as of December 31, 2018, [3) Impairment loss in 2019, [4-] Interest income in 2020, and [5] Net unrealized gain in accumulated DC] in equity as of December 31, 2020