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Ayayai Corporation made the following purchases of investments during 2020, the first year in which Ayayai invested in equity securities: 1. On January 15, purchased

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Ayayai Corporation made the following purchases of investments during 2020, the first year in which Ayayai invested in equity securities: 1. On January 15, purchased 8,100 shares of Nirmala Corp's common shares at $30.10 per share plus commission of $1,782. 2. On April 1, purchased 4,500 shares of Oxana Corp's common shares at $47 per share plus commission of $3,033. 3. On September 10, purchased 6,300 shares of WTA Corps preferred shares at $23.90 per share plus commission of $2,619. On May 20, 2020, Ayayai sold 2,700 of the Nirmala common shares at a market price of $32 per share less brokerage commissions of $2,565. The year-end fair values per share were as follows: Nirmala $27, Oxana $50, and WTA $25. The chief accountant of Ayayai tells you that Ayayai Corporation holds these investments with the intention of selling them in order to earn short-term profits from appreciation in their prices and accounts for them using the FV-Nl model. Assume that Ayayai Corporation follows IFRS 9. What is the amount that will be reported as other comprehensive income for the year ended December 31, 2020? Show the wording that would appear on the comprehensive income statement. (If an amount reduces the account balance then enter with negative sign.) Other Comprehensive Income

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