In your audit of the financial statements of Janella Inc. for the year 2019, the following FVOCI securities and dividend income accounts were presented to you: FVOCI Date Description Ref Debit Credit 01/01/2019 20,000 Roxas Co. shares acquired in 2018 at cost of P700,000, P40 par value 740,000 03/01/2019 2 for 1 stock split when the market GJ-90 price is P45 per share 900,000 04/03/2019 Sale of 5,000 shares at P50 CR-23 250,000 12/03/2019 Sale of 6,000 shares at P45 CR-55 270,000 Dividend income Date Description Ref Debit Credit 03/01/2019 2 for 1 stock split when the market GJ-90 price is P45 per share 900,000 07/01/2019Dividend income CR-45 140,000 You gathered the ff. information from independent sources: Type Date Date of Date of declared record payment Rate 2 for 1 stock split 02/01/2019 2/15/2019 03/01/2019 20,000 shares Cash dividend 06/01/2019 6/15/2019 07/01/2019 P4 per share Cash dividend 12/01/2019 12/15/2019 01/02/2020 20% Closing market quotation as of December 31, 2019 for Roxas Co. ordinary shares: Bid P43.00, Ask P44.50 The gain or loss on sale on April 3, 2019 is