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Below is an extract from Bowden Ltd's investment register. It provides information about two different groups of shares Bowden Ltd owns. Investment A Ltd
Below is an extract from Bowden Ltd's investment register. It provides information about two different groups of shares Bowden Ltd owns. Investment A Ltd B Ltd Designation at acquisition date Purchase price Transaction costs at acquisition Number of shares Date acquired date $ $ FV through OCI Held for trading 94095 1-Jul-19 200,000 2,800 101567 1-May-21 198,000 1278 The fair value of shares are: 30-Jun-20 30-Jun-21 A Ltd $2.50 $1.95 B Ltd na $1.7 Calculate the net impact in the profit and loss statement for the year ended 30 June 2021 rising from the above investments. PLEASE ENTER YOUR ANSWER IN WHOLE NUMBERS WITH NO COMMAS OR DOLLAR SIGNS (EG $1,000,000 SHOULD BE SHOWN AS 1000000) IF YOU CALCULATE A LOSS PLEASE SHOW THE NUMBER WITH A "-" SIGN (EG "-1000" FOR A LOSS OF $1,000).
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