On its December 31, 2017 balance sheet, Klugman Company appropriately reported a P10,000 debit balance in its

Securities Fair Value Adjustment EQUITY INVESTMENT-OCI account. There was no change during 2018 in the

composition of Klugman's portfolio of marketable equity securities held as EQUITY INVESTMENT-OCI . The

following information pertains to that portfolio:

Security Cost Fair value at 12/31/18

X P125,000 P160,000

Y 100,000 95,000

Z 175,000 125,000

P400,000 P380,000

6. What amount of unrealized loss on these securities should be included in Klugman's stockholders' equity section of

the statement of financial position December 31, 2018?

7. The amount of unrealized loss to appear as a component of profit or loss for the year ending December 31, 2018 is