26 On January 1, 2021, Biliran Company received a 5%, P10,000,000, note collectible in installment plus interest every December 31 of each year until December 31, 2024. The note is collectible in principal as follows: December 31, 2021     P1,000,000 December 31, 2022     2,000,000 December 31, 2023     3,000,000 December 31, 2024     4,000,000   The interest effective on January 1, 2021 is at 3%, on December 31, 2021 is at 4%.   How much is the carrying value of the note on December 31, 2021?  How much of the carrying value of the note receivable is reported as non-current as of December 31, 2022?

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