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answer the following and show the solution how to On January 1, 2020, ABC Company purchased equity securities for P10,000,000. The entity paid the broker

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On January 1, 2020, ABC Company purchased equity securities for P10,000,000. The entity paid the broker P10,000 for his commission. Provided below are the fair value of the equity securities: December 31, 2020 - P9,500,000 December 31, 2021 - P9,800,000 December 31, 2022 - P10, 100,000 December 31, 2023 - P10,500,000 - Selling price Requirement: Compute for the unrealized/realized gain or loss. December 31, 2020 December 31, 2021 December 31, 2022 December 31, 2023 Statement of Financial Position Investments - FVPL Statement of Income Unrealized gain Unrealized loss Realized gain Realized loss Statement of Changes in Equity Retained earnings

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