ABC Ltd, whose functional currency and presentation is S$, buys RM100 million of bonds at par on 1 July 20x8 when the exchange rate was RM1.00 = S$0.40. On 31 December 20x8, the fair value of the bonds is RM120 million and the exchange rate was RM1.00 = S$0.30. ABC Ltd has properly accounted for the bonds at amortized cost. In ABC Ltds 20x8 financial statements, the Investment in bonds and Exchange loss should be respectively:

Group of answer choices

S$30 million and S$10 million.

S$30 million and S$4 million.

S$36 million and S$10 million.

S$36 million and S$4 million.

None of the listed choices.