Question 2 4 pts On January 1, 2021, Squirtle Company sold a piece of equipment to Charmander Company with a cost of P3,500,000 and accumulated depreciation of P500,000 in exchange for an annual 6% interest-bearing note, P3,600,000. Charmander company is required to make ten equal semi-annual payments of principal plus interest Questions: 1. How much is the total amount that will reflect in the statement of comprehensive income for the year 2021 that is related to the above transaction? 2. What is the interest income for the year 2023 3. How much is the total proceeds of Squirtle for the year 2024