The overdraft per bank statement of ABC Co. was P36,088 as of December 31, 2021. The following information was gathered. * 2 points Interest on overdraft for the quarter ended December 2021 P1,248 (not yet entered in cash book) Check deposited with the bank but did not yet clear - 24,680 Check issued but not yet presented for payment - 26,110 A check for P2,600, discounted with the bank earlier, was dishonored. ABC Co. is not yet aware of the dishonor. How much is the overdraft per ABC's cashbook on December 2021? O 37,518 O 43,201 33,670 O 46,370 2 points On January 1, 2021, ABC Co. sold transportation equipment with a 2 points On January 1, 2021, ABC Co. sold transportation equipment with a historical cost of P12,000,000 and accumulated depreciation of 7,000,000 in exchange for cash of P100,000 and a noninterest-bearing note receivable of P4,000,000 due in 4 equal annual installments starting on January 1, 2021 and every January 1 thereafter. The prevailing rate of interest for this type of note is 12%. How much is the interest income in 2021? How much is the carrying amount of the receivable on December 31, 2021? O 408,230; 1,690,510 O 278,334; 892,857 288,220; 1,594,388 0 288,220; 2,690,051 Set