Courses Google for Education DER Repositories University Links In your audit of the financial statements of Kyrie Inc. for the year 2019, the following FVOCI securities and dividend income accounts were presented to you: FVOCI Date Description Debit Credit 01/01/2019 2,000 JFC shares acquired in 2018 at cost of P500,000, P2 par value 646,000 02/01/2019 2 for 1 stock split when the market price is P300 per share 600,000 04/03/2019 Sale of 3,500 shares at P317 1,109,500 12/10/2019 Purchase of 2,000 shares at P201 402,000 Dividend income Date Description Debit Credit 02/01/2019 2 for 1 stock split when the market price is P300 per share 600,000 07/01/2019 Dividend income 4,000 You gathered the ff. information from independent sources: Type Date declared Date of Date of record payment Rate 2 for 1 stock split 02/01/2019 2/15/2019 03/01/2019 2000 shares Cash dividend 04/01/2019 4/26/2019 05/09/2019 P1.00 per share Cash dividend 11/01/2019 11/26/2019 12/10/2019 P1 20 per share Closing market quotation as of December 31, 2019 for JFC ordinary shares: Bid P216,00 Ask P220.00 The gain or loss on sale on April 3, 2019 is O a. 19,250 O b. 59,500 O c 56,000 O d. 544,250