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1. On January 1, 2019, Shine Company purchased a 6-year bond with a face amount of P4,500,000 to yield 13%. Interest is to be paid every December 31 while the principal is to be repaid on maturity. The maturity date of the investment is on January 1, 2025. An active market is available so there is no problem to ascertain the fair value of the bonds. The stated rate of the bond is 9%. On December 31, 2019 the bond is trading at 12% for P4,013,355; on December 31, 2020 the bond is trading at 11.75% for P4,122,140; on December 31, 2021 the bond is trading at 14% for P3321630; and on December 31, 2022 the bond is trading at 13.25% for P4,146,390. Use four decimal places only. If the investment is accounted under Amortized Cost, at what amount should the investment be presented in the Statement of Financial Position on December 31, 2020? a. P5,200,286 b. P336452? c. P3,866,833 d. P53333312 2. On January 1, 2019, Shine Company purchased a 6year bond with a face amount of P4,500,000 to yield 13%. Interest is to be paid every December 31 while the principal is to be repaid on maturity. The maturity date of the investment is on January 1, 2025. An active market is available so there is no problem to ascertain the fair value of the bonds. The stated rate of the bond is 9%. On December 31, 2019 the bond is trading at 12% for P4,013,355; on December 31, 2020 the bond is trading at 11.25% for P4,122,140; on December 31, 2021 the bond is trading at 14% for P3321630; and on December 31, 2022 the bond is trading at 13.25% for P4,146,390. Use four decimal places only. If the investment is accounted under Amortized Cost, at what amount should the investment be presented in the Statement of Financial Position on December 31, 2020? a. P5,200,286 b. P336452? c. P33565833 {1. 95,033,312