Jones Corporation borrowed P9,000 from Brown Corporation on Jan. 1, 1978 and P12,000 on Jan. 1, 1980. Jones Corporation made a partial payment of P7,000 on Jan. 1, 1981. It was agreed that the balance would be paid in two installments, one on Jan. 1, 1982 and the other on Jan. 1, 1983, with the second payment being larger than the first. If the interest rate is 12%, what is the amount of the second payment? a. 9,137 b. 13,705 c. 11,209 d. 15,902.