1. Pinay Corp. had the following portfolio of financial instruments of the December 31, 2020. All securities were acquired at the beginning of 2020: Security Denomination/Face Value Recorded Acquisition Cost Alpha shares Beta shares 10%, Delta bonds, 3 years 100,000 shares 40,000 shares P2,000,000 P5,250,000 2,350,000 1,951,126 Audit Notes: I. Alpha shares were acquired and were designated as financial asset at fair value through profit/losses. The shares were acquired at P52.50 per share which included a P2.50 per share transaction cost. Half of the Alpha shares were sold at P58 per share on July 1, 2021. II. Beta shares were designated as financial asset at fair value through other comprehensive income/losses. The shares were acquired at P60 per share which included P1.25 per share transaction cost. 15,000 of these shares were sold on August 1, 2021 at P59 per share. III. The Delta bonds were acquired when the prevailing market rate of interest was at 11%. Interest are collectible every December 31. Half of the Delta bonds were sold on June 30, 2021 at 01.1M. IV. Additional information on the securities are as follows: Security Alpha shares Beta shares 10%, Delta bonds, 3 years Fair Value Dec. 31, 2020 P55/share 57.50/share Quoted at 104 Fair Value Dec. 31, 2021 P62/share 64/share Quoted at 99 a. What is the realized gain or loss on sale of Alpha shares in 2021? b. What is the realized gain or loss on sale of Beta shares in 2021? c. Assuming that the company's business model has no objective of holding debt securities to collect contractual cash flows, that is the realized gain on sale of the Delta bonds in 2021? d. Assuming that the company's business model has an objective of holding debt securities to collect contractual cash flows, what is the realized gain on sale of the Delta bonds in 2021? e. Assuming that the company's business model has an objective of holding debt securities to collect contractual cash flows, what is the total carrying value of investments that shall be presented as financial asset at fair value through profit or loss (trading securities) as of December 31, 2021? f. Assuming that the company's business model has no objective of holding debt securities to collect contractual cash flows, what is the total carrying value of investments that shall be presented as financial asset at fair value through profit or loss (trading securities) as of December 31, 2021