Kindly answer items no. 18,19, 20. Show your solution clearly please.

18. Tucks Co. acquired a building on January 1, 20x1 for P12,000,000. Tucks Co. depreciated the building over a useful life of 25 years using the straight line method. On January 1, 20x6, Tucks Co. revalued the building to a fair value of P15,000,000 and revised the remaining useful life to 15 years. Tucks Co. opted to periodically transfer within equity a portion of the revaluation surplus on a piecemeal basis. On January 1, 2011, Tucks Co. sold the building for P12,000,000. Tucks Co. incurred selling costs of P600,000. On the date of PE IN sale, what amounts should Tucks Co. recognize for following? Gain (loss) in P/L Direct transfer within equity a. 1,400,000 360,000 b. 1,400,000 3,600,000 C. 4,000,000 5,400,000 d. 6,800,000 0 1 2 19. Haze Co.'s Dec. 31, 20x1 financial statements reported total accumulated depreciation of 1971,065. In 20x2, Haze Co. recognized total depreciation of P599,035 and made some disposals of PPE. The total accumulated depreciation on Dec. 31, 20x2 was P854,102. How much were the accumulated depreciation of the assets disposed of during 20x2? a. 689,018 b.715,998 c. 749,624 d. 802,238 20. The comparative statements of financial position of Andante Co. show the following information: 20x2 20x1 Buildings 2,500,000 1,000,000 Accumulated depreciation (200,000) (200,000) During 20x2, Andante Co. sold an old building with historical cost of of P800,000 for P260,000 and appropriately recognized a P40,000 on the sale. How much are the (1) cost of acquisitions building and (2) depreciation expense recognized in 20x2? c. 1,500,000; o d. 1,500,000; 200,000 loss of a. 2,300,000; 0 b. 2,300,000; 500,000