14

Below is an extract from Richman Ltd's investment register. It provides information about two different groups of shares Richman Ltd owns. Transaction Purchase costs at Designation at Date price acquisition Investment Number of shares acquisition date acquired date $ $ A Ltd 96348 1,800 FV through OCI Held for trading 1-Jul-19 1-May-21 200,000 180,000 B Ltd 95138 1949 The fair value of shares are: B Ltd A Ltd $2.50 $1.95 30-Jun-20 30-Jun-21 na $1.33 Calculate the net impact in profit for the year ended 30 June 2021 rising from the above investments. PLEASE ENTER YOUR ANSWER IN WHOLE NUMBERS WITH NO COMMAS OR DOLLAR SIGNS (EG $1,000,000 SHOULD BE SHOWN AS 1000000) IF YOU CALCULATE A LOSS PLEASE SHOW THE NUMBER WITH A"-"SIGN (EG"-1000" FOR A LOSS OF $1,000)