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14. During the calendar year 2018, National Company purchased an equity security designated as Investment to otber comprehensive income. As of December 31, 2018 the
14. During the calendar year 2018, National Company purchased an equity security designated as Investment to otber comprehensive income. As of December 31, 2018 the fair market value of the securities was P1,000,000 and the amount of unrealized loss was P136, 000 net of the deferred tax asset of P64,000. On March 1, 2019, National Company sold all of the equity security it holds for 21, 560,000. National Company incurred P10,000 brokdra commission in relation to the sale of equity security. What amount of gain should National Company disclose in the statement of comprehensive income in 2019? Financial ... - - - ---- 14. During the calendar year 2018, National Company purchased an equity! security designated as Astment to other comprehensive income. As of December 31, 2018 the fair market value of the securities was P1,000,000 and the amount of unrealized loss was P136,000 net of the deferred tax asset of P64,000. On March 1, 2019, National Company sold all of the equity security it holds for 21,560,000. National Company incurred P10,000 brokers commission in relation to the sale of equity security. What amount of gain should National Company disclose in the statement of comprehensive income in 2019
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