[FA-FVPL, Dividends-on]

Honeydew Corporation declared P20 cash dividend on its ordinary shares with a par value of P80 on June 15, 2021 and will be given to shareholders on record as of June 30, 2021. Dividend will be distributed on July 10, 2021.

On June 20, 2021, Kiwi Company purchased 4,000 shares of Honeydew Company at P120 per share. These shares are classified as financial assets at fair value through profit or loss. Brokerage related to this transaction amounted to P6,000. On November 15, 2021, Kiwi Company sold half of the shares for P130 per share. At the end of the year, the shares were selling at P95.

1. How much is the initial cost of the investment? 2. How much is the dividend income to be reported for the year? 3. How much is the gain (loss) on the sale? 4. How much is the unrealized gain or loss for the year?

Answer in good accounting format. Use Microsoft Excel or Google Sheets whenever necessary.