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A flock of 12 2-year-old animals held on January 1, 2018. Two animals aged 2.5 years was purchased on July 1, 2018 for P1,090, and

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A flock of 12 2-year-old animals held on January 1, 2018. Two animals aged 2.5 years was purchased on July 1, 2018 for P1,090, and three animals were born on July 1, 2018. No animals were sold or disposed of during the period. Per unit fair value less cost to sell were as follows: Jan. 1, 2018 Jul. 1, 2018 Dec. 31, 2018 Newborn animal P720 P750 1/2-year-old animal 810 2-year-old animal P1,010 1,070 2 and 12-year -old animal 1,090 1,130 3-year-old animal 1,210

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