What is the carrying amount of the bond Investment on December 31, 2018? On January 1, 2018, ABC Company purchased 5-year bonds with face amount of P8,000,000 and stated of 10% per year payable semiannually on June 30 and December 31. The bonds were acquired to yield 8%. Present value of an annuity of 1 for 10 periods at 5% 7.72 Present value of an annuity of 1 for 10 periods at 4% Present value of 1 for 10 periods at 4% 0.6756 8.11 8,594,752 8,540,704 8,538,542 8,302,848