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will send a thumbs up immediately WITH SOLUTIONS PER NUMBERS please thank you On January 1, 2018, Sana Madali lang Company sold machinery costing P5,000,000

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On January 1, 2018, Sana Madali lang Company sold machinery costing P5,000,000 with accumulated depreciation of P1800,000. In consideration for the sale,Sana Madali lang Company received cash of P100,000 and a P3,000,000 non-interest bearing note due on December 31, 2021. The prevailing interest rate for a note of this type is 10%. (The PVF of 1 a 10% for 4 years is 06:30 while the PVF of ordinary anulty at 10% for 4 years is 3.1699 1. How much is the carrying amount of the note on Initial recognition? a P3,000,000 d P2.117.300 P5.000.000 e P9.509.700 c P2,048.000 2 How much is the loss on sale of machinery & P1.051.000 d. 2.700 P1082.700 P2,851.000 P1,151,000 3. How much is the interest income for 2018 & P225.390 P232.905 P204.00 P300,000 P211730 4. How much is the carrying amount of the note on December 31, 2017 P2.129.00 P2.253.900 P2.401.891 P2.479.200 P2.561.859

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