2 points On December 1, 2012, the Pinoy Company sells construction materials to a Japanese importer for 1,500,000 Yen. The relevant exchange rates are: December 1, 2012 1 Yen = P.45 December 31, 2012 1 Yen = P.47 January 30, 2013 1 Yen = P.40 On the statement of comprehensive income for the year ended December 31, 2012, Pinoy Company should report a foreign exchange gain (loss) of: O P-O- O P(30,000) O P30,000 O P3,000The Sulu Corporation translates foreign currency amounts at December * 2 points 31, 2013. At that time Sulu had foreign subsidiaries with 1,500,000 local currency units in long term receivables and 2,400,000 LCU in long term debt. The rate of exchange in effect when the specific transactions occurred involving those foreign currency amount was 2 LCU to P1. The rate of exchange in effect at December 31, 2013 was 1.5 LCU to P1. The translation of the above foreign currency amounts into Philippine pesos would result in longterm receivables and long-term debt, respectively of: P750,000 and P1,200,000 P750,000 and P1,600,000 P'l ,000,000 and P1 200,000 0000 P1 ,000,000 and P1 ,600,000 Sulu Company, a Philippine Company, purchased merchandise from a * 2 points foreign supplier on November 5, 2012, for 50,000 foreign currency, when the selling spot rate was 1 foreign currency = PO.4295. On Sulu's December 31, 2012, year-end the selling spot rate was PO.4245. On January 15, 2013, Sulu acquired 50,000 foreign currency at the selling spot rate of PO.4345 and paid the invoice. What amounts does Sulu report in its statement of CI for years 2012 and 2013 as foreign exchange gains or (losses)? O 2012: P250, 2013: P(500) 2012: P(250), 2013: P-0- O 2012: P-0-, 2013: P(250) O 2012: P-0-, 2013: P-0