Accounting for Biological Assetsi The Company has the following animish on January 1, 2020: Twonly 2-year-olds Thirty 1-year-olds During the year, the Company made the following transactions A On January 1: 2030 the Company purchased the folowing for P60.DOO: Free 0.6 year oids Ton newborns B. On June 30, 2020. 10 animals were bom On June 30, 2020, the Company purchased the following for P40,000 Two 0 6-year-okla Eight newborn D On December 31. 2020 the Company sold the following M FV - CTS Ton 3-your-oids . Free 0 5-year olds The fair values lose cost to sell on different dates are as folows June 30. 2030 2yearold 21 000 S-year old 1-year old 13 000 -year old I-year old 13 500 22 DOO 0 5-year old 6 500 0 5 year old 7.000 1 6-year old 18:000 Newborn 2 500 Howbom 3.200 1-year old 14090 0 5-year old 8,000 Newcom 3910 Required A Journalize the above transactions plus the changes in FV CTS at your and Compute for the loud changes in FV-CTS due to price change. Compute for the total change in FV CTS due to physical change E Compute for the year-end balance of the biologicd Mitch Propane reconciliation of the year and balance of the biological assets