1. The following transactions appear on the Equity investments at fair value through profit or loss account of Spacing Corporation Date 03/1/x6 Debit Credit P 1,690,000 07/03/x6 Particulars Purchased 40,000 shares of BASIC at P 30.75/share and 20,000 shares of SPARKFLY at P 23/share Purchased PAG-IBIG 15% bonds, face value P 4,000,000. Interest dates July 1 and Jan 1. Maturity date July 1, 20x9 Sold 14,400 shares of BASIC at P 30/share And 4,000 shares of SPARKFLY at P 25/share Sold NEW YORK bonds at 98 plus accrued interest 4,000,000 11/5/x6 12/31/x6 P532 000 4,220,000 i. On October 1,20x6 SPACING received 8 000 shares of BASIC as stock dividend SPARKFLY declared a 15% stock dividend to all stockholders of record as of November 15, 20x6 payable on December 1, 20x6 Based on the data above how much is the adjusted balance of SPACING'S equity investments at fair value through profit or loss as of December 31, 2016? How much is the average cost per share of BASIC'S stocks as of December 31, 20x6