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Fax Company bought the shares of Gold Company classified as equity investments at fair value through other comprehensive income, as follows: April 1, 2022 1,000
Fax Company bought the shares of Gold Company classified as equity investments at fair value through other comprehensive income, as follows: April 1, 2022 1,000 shares at P84 July 16, 2022 2,000 shares at P90 Market value per share of Gold Company shares at December 31, 2022 was P92. The following were the transactions for 2023: January 10 Received cash dividend at P4 per share. June 20 Received 5% bonus issue. December 10 Sold 1.200 shares at P105 per share. How much is the gain on the sale of the shares on December 10
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