Hi! I need assistance on these problems. Thank you for your help!

Problem 6. On January 1,2021, Smart Inc. invested in Bond Securities of Globe Inc. The face value of the bonds is P1,000,000 with a term of 3 years. The nominal interest rate of the bonds is 10% and the interest is payable annually on December 31. The yield rate of this bond is 12%. The fair values of the bonds are as follows: December 31,2021 900,000 December 31,2022 1,100,000 December 31,2023 800,000 On January 1, 2013, Smart Inc. sold the Investment in Bond Securities at 105. Smart Inc. incurred P70,000 cost of disposal. Required: Based on the result of your audit, determine the following: Assumption TS (FAFVP/L) AFS (FAFVOCI) HTM (FA@AC) 1. Initial Measurement 2. Interest Income in 2011 3. Interest Income in 2012 4. Book Value on 12/31/2011 5. Book Value on 12/31/2012 6. Unrealized Holding Gain (Loss) P/L 12/31/2011 7. Unrealized Holding Gain (Loss) P/L 12/31/2012 8. Unrealized Holding Gain (Loss) OCI 12/31/2011 (SCI) Unrealized Holding Gain(Loss) OCI 12/31/2012(SCI) 10. Unrealized Holding Gain(Loss) OCI 12/31/2012(SFP) 11. Realized gain/(loss) on sale on 1/1/2013Problem 7. Using the same data in preceding number, what is the journal entry in case of reclassification of Investment in Bonds from one classification to another if the date of reclassification occurred on December 31, 2022? a. From FAFVP/L to FAFVOCI b. From FAFVP/L to FA@AC c. From FAFVOCI to FAFVP/L d. From FAFVOCI to FA@AC e. From FA@AC to FAFVP/L f. From FA@AC to FAFVOCI