2,020

Loan Recievable 4,000,000

Cash 4,000,000

Cash 342,100
Unearned Interest INcome 342,100

Unearned Interest INcome 150,000

Cash 150,000

2,021
Cash 400,000
Interest Income 400,000

Unearned Interest INcome 56,948

Interest Income 56,948

2,022
Cash 400,000
Interest Income 400,000

Unearned Interest INcome 63,782

Interest Income 63,782

2,023
Cash 400,000
Interest Income 400,000
Unearned Interest INcome 71,370
Interest Income 71,370

Cash 4,000,000
Loan Receivable 4,000,000
Principal amount 4,000,000
Origination fee (342,100)
Direct origination 150,000
Initial Carrying Amount 3,807,900

Interest 400,000

Date Interest R. Interest I. Amortization Carrying Amount

Jan. 1, 2020 3,807,900
Dec. 31, 2021 400,000 456,948 56,948 3,864,848
Dec. 31, 2022 400,000 463,782 63,782 3,928,630
Dec. 31, 2023 400,000 471,370 71,370 4,000,000
13%
PV of 1 0.6931 2,772,400 0.6931 2,772,400
Annuity 2.5575 1,023,000 2.5579 1,023,160
3,795,400 3,795,560

12%
PV of 1 0.7118 2,847,200 0.7118 2,847,200
Annuity 2.4017 960,680 2.4018 960,720
3,807,880 3,807,920
 Principal amount
Orihination fee receibed
Direct origination cost
Initial carrying amount

Unearned interest income

Interest

Date
Jan. 1, 2021
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2025

2,021
Cash 400,000
Interest Income 400,000

Unearned interest income 45,380

Interest Income 45,380

2,022
Cash 400,000
Interest Income 400,000

Unearned interest income 50,826

Interest Income 50,826
 4,000,000
nation fee receibed (350,000)
t origination cost 61,500
carrying amount 3,711,500

ned interest income 288,500

400,000

Interest R. Interest I. Amortization Carying amount

3,711,500
400,000 445,380 45,380 3,756,880
400,000 450,826 50,826 3,807,706
400,000 456,925 56,925 3,864,631
400,000 463,756 63,756 3,928,387
400,000 471,613 71,613 4,000,000
Principal amount 3,000,000
Origination fee (100,000)
Direct origination 260,300
Initial carrying amount 3,160,300

Unearned Interest Income 160,300

Interest 240,000

Date Interest R. Interest I. Amortization Carying amount

Jan. 1, 2021 3,160,300
Dec. 31, 2021 240,000 189,618 50,382 3,109,918
Dec. 31, 2022 240,000 186,595 53,405 3,056,513
Dec. 31, 2023 240,000 183,487 56,513 3,000,000

2,021
Loan receivable 3,000,000
Cash 3,000,000

Cash 100,000
Direct Origination Cost 100,000

Direct Origination Cost 260,300

Cash 260,300

Cash 240,000
Interest Income 240,000

Interest Income 50,382

Unearned Interest Income 50,382

2,022
Cash 240,000
Interest Income 240,000

Interest Income 53,405

Unearned Interest Income 53,405

2,023
Cash 24,000
Interest Income 240,000

Interest Income 56,513

Unearned Interest Income 56,513
Cash 3,000,000
Loans Receivable 3,000,000
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2024

Carrying amount
Present value
Impairment loss

2,021
Loan impairment loss
Allowance for loan impai

2,022
Cash
Loan receivable

Allowance for loan impairment

Interest income

2,023
Cash
Loan receivable

Allowance for loan impairment

Interest income

2,024
Cash
Loan receivable

Allowance for loan impairment

Interest income
 Carrrying amount Present Value
1,000,000 0.93 930,000
2,000,000 0.86 1,720,000
3,000,000 0.79 2,370,000
6,000,000 5,020,000
Accrued Interest 480,000
6,000,000 6,480,000 *Isasama pa pala yung Accrued interest
5,020,000
980,000 1,460,000

Loan impairment loss

pairment loss 980,000 Accured Interest rceivable
Allowance for loan impairment 980,000 Allowance for loan impairment

6,000,000
1,000,000 980,000
Loan receivable 1,000,000 5,020,000

ce for loan impairment 401,600

Interest income 401,600
5,000,000
980,000
2,000,000 401,600 578,400
Loan receivable 2,000,000 4,421,600

ce for loan impairment 353,728

Interest income 353,728

3,000,000
3,000,000 578,400
Loan receivable 3,000,000 353,728 224,672
2,775,328
ce for loan impairment 224,672 0.08
Interest income 224,672 222,026
1,460,000
480,000
980,000
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2026

Accrued interest receivable

Carrying amount
Present value
Impairment loss

2,022
Loan impairment loss
Accrued interest receivab
Allowance for loan impai

2,023
Cash
Loan receivable

Allowance for loan impairment

Interest income

Loan receivable
Allowance for loan impairment
Carrying amount

2,024
Cash
Loan receivable

Allowance for loan impairment

Interest income

Loan receivable - Dec. 2023

Allowance for loan impairment - De
Carrying amount - Dece. 2023

Allowance for loan impairment - De

Interset income - 2023
Allowance for loan impairment - De

2,025
Cash
 Loan receivable

Allowance for loan impairment

Interest income

Loan receivable - Dec. 2024

Allowance for loan impairment - De
Carrying amount - Dece. 2023

Allowance for loan impairment - De

Interset income - 2024
Allowance for loan impairment - De
 carrying amount Present value
500,000 0.89 445,000
1,000,000 0.80 800,000
2,000,000 0.71 1,420,000
4,000,000 0.64 2,560,000
7,500,000 5,225,000

interest receivable 900,000

8,400,000
5,225,000
3,175,000

pairment loss 3,175,000

Accrued interest receivable 900,000
Allowance for loan impairment 2,275,000

500,000
Loan receivable 500,000

ce for loan impairment 627,000

Interest income 627,000

7,500,000
ce for loan impairment 2,275,000
5,225,000

1,000,000
Loan receivable 1,000,000

ce for loan impairment 642,240

Interest income 642,240

eivable - Dec. 2023 7,000,000

ce for loan impairment - Dec. 2023 1,648,000
amount - Dece. 2023 5,352,000

ce for loan impairment - Dec. 2022 2,275,000

ncome - 2023 627,000
ce for loan impairment - Dec. 2023 1,648,000

2,000,000
 Loan receivable 2,000,000

ce for loan impairment 599,309

Interest income 599,309

eivable - Dec. 2024 6,000,000

ce for loan impairment - Dec. 2024 1,005,760
amount - Dece. 2023 4,994,240

ce for loan impairment - Dec. 2023 1,648,000

ncome - 2024 642,240
ce for loan impairment - Dec. 2024 1,005,760