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What is the amount of unrealized gain or loss

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Problem - A Company had various equity investments transactions during 2018 and 2019. The acquisition cost of all the securities in its portfolio during 2018 was P 532,000. At December 31, 2018 and December 31, 2019, the market value of these equity investments were P 541,000 and P 512,000 Respectively. In 2020, half of these securities are sold for P 275,000. Market value of all the equity investments as of December 31, 2020 is P 560,000.

Assuming no other transactions are noted regarding these financial assets and they are classified at fair value through profit or loss, what is the amount of unrealized gain or loss reported in the 2019 income statement relating to these securities?

Reference no: EM132918412

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