During your audit of Esau Corporation for the year 2021, you found the following postings to the FVPL account:

Date	Particulars	Debit	Credit
Jan. 1	Purchased 10,000 preference shares of F Company	P100,000
Jan. 3	Purchased 1,000 shares of A Company	54,000
Jan. 8	Purchased 1,000 shares of B Company	60,000
Feb. 28	Cash dividends, F Company		20,000
Apr. 2	Cash dividends, A Company		1,000
Apr. 5	Sold 500 shares, A Company		28,000
Apr. 8	Purchased 1,000 shares of C Company	30,000
	Purchased 1,000 shares of D Company	36,000
July 15	Purchased 200 shares, Esau Company	33,000
	Purchased 500 shares of E Company	20,000
Aug. 15	Sold 100 shares, Esau Company		20,000
Dec. 8	Received 10% bonus issue from E Corporation	2,000
Dec. 10	Cash dividend, C Company		1,200

The following information was discovered from your audit procedures:

• The cash dividends received from A Company, pertains to dividends declared on December 28, 2020 to shareholders as of record on March 5, 2021, payable on April 2, 2021.

• The Esau Company purchases 200 of its own ordinary shares held by a deceased shareholder for P165 per share. 100 of these shares were sold at its market price of P200 per share on August 15.

• On December 8, 50 shares of E company were received, Esau credited dividend income equal to the market price of the shares received.

• On December 15, E Company declared a P5 cash dividend per share, payable on January 10, 2022 to shareholders of record as of December 28, 2021. No accrual has been made by Esau.

• The acquisition on January 1 represents 30% of the total shares of that class of F Company, the amount debited includes a transaction cost of P2 per share. F company reported a net income of P100,000 for the year 2021.

• The market price of the shares are as follows as of December 31, 2021:

  • A company P55

  • B company 54

  • C company 32

  • D company 39

  • E company 38

  • F company 12

Question 1: What is the carrying amount of FVPL that should be presented in the statement of financial position as of December 31, 2021?

Question 2: How much is the gain or loss on sale of FVPL? (Use negative sign if loss)

Question 3: How much is the dividend income for 2021?

Question 4: How much is the unrealized gain or loss taken to profit or loss for 2021? (Use negative sign if loss)

Question 5: How much is the correct balance of the investment in associate as of December 31, 2021?

Question 6: How much is the total amount taken to profit or loss for the year 2021? (Use negative sign if net loss)