Need correct answers plus detailed explanations for me to understand. Will mark as unhelpful if incorrect.

During 2014, Garr Company purchased marketable equity securities as a trading investment. For the year ended December 31,2014, the entity recognized an unrealized loss of P230,000.

There were no security transactions during 2015. Pertinent information on December 31, 2015 is as follows:

SecurityCostMarket value

A2,450,0002,300,000

B1,800,0001,820,000

4,250,0004,120,000

In the 2015 income statement, what amount should be reported as unrealized gain or loss?

A.Unrealized gain of P100,000

B. Unrealized loss of P100,000

C. Unrealized gain of P130,000

D. Unrealized loss of P 130,000

On December 31, 2014, Fay Company appropriately reported a P 100,000 unrealized loss. There was no change during 2015 in the composition of the portfolio of marketable equity securities held as financial asset at fair value through other comprehensive income.

Market value

SecurityCostDecember 31, 2015

A1,200,0001,300,000

B900,000500,000

C1,600,0001,500,000

What amount of loss on these securities should be included in the statement of comprehensive income for the year ended December 31, 2015 as component of other comprehensive income?

A. 0

B. 100,000

C. 300,000

D. 400,000

On January 1, 2014, Mirage Company acquired P4,000,000 of 12% face amount bonds at P3,767,000 to be held as financial assets at amortized cost with a 14% effective yield. Interest on bonds is payable annually on December 31 and the bonds mature on January 1, 2018. The effective interest method of amortization is used. What is the carrying amount of the bond investment on December 31, 2014?

A. 3,719,620

B. 3,767,000

C. 3,814,380

D. 4,000,000