During 2019, INC Corporation purchased trading securities with the following costs and market values on December 31, 2019:

Security	Cost	Market Value
A – 1,000 shares	P200,000	P300,000
B – 10,000 shares	1,700,000	1,600,000
C – 20,000 shares	3,100,000	2,900,000

The entity sold 10,000 shares of Security B on January 15, 2020 for P150 per share.

- What amount of unrealized gain or loss should be reported in the income statement for 2019?

- What amount should be reported as gain or loss on sale of trading investment in 2020?