6. On January 1, 2013, Hanna Company purchased equipment with cost of P10,000,000, useful life of 10 years and no residual value. The entity used straight line depreciation. On December 31, 2013 and December 31, 2014, the entity determined that impairment indicators are present. The following information is available for impairment testing at each year end: December 31, 2013 December 31, 2014 Fair value less cost of disposal 8,100,000 8,400,000 Value in use 8,550,000 8.200,000 There is no change in useful life or residual value. What amount should be reported in the income statement for 2014? a. Gain on reversal of impairment P400,000 b. Impairment loss P450,000 c. Gain on reversal of impairment P800,000 d. Depreciation P1,000,000