PINK Company purchased 50,000 shares (5% ownersp) of WHITE Company on January 2, 2020 at ₱34 per share. PINK received a stock dividend of 15% on March 31, 2020 when the

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the prevailing market price of the trading security is at ₱49 per share. How much is the unrealized gain(loss) that should be presented in the statement of comprehensive income? A. ₱ 117,500 gain B. ₱ 250,000 loss C. ₱ 750,000 gain D. ₱ 32,500 loss

PINK Company purchased 50,000 shares (5% ownersp) of WHITE Company on January 2, 2020 at ₱34 per share. PINK received a stock dividend of 15% on March 31, 2020 when the market price of the share is ₱40. On November 30, PINK paid ₱20 per share special assessment on the shares. On December 15, 2020, WHITE paid a cash dividend of ₱8 per share. On December 31, the prevailing market price of the trading security is at ₱49 per share. How much is the unrealized gain(loss) that should be presented in the statement of comprehensive income? A. ₱ 117,500 gain B. ₱ 250,000 loss C. ₱ 750,000 gain D. ₱ 32,500 loss

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