On Jan. 1, 2010, Higgins Co acquires P2,000,000 face amount, 10% bonds for P1,903,927. The bonds are due on Jan. 1, 2013 but pay annual interest every Dec. 31. The yield rate is 12%. Higgins changes its business model for managing financial assets on Sept: 1, 2011. Higgins only reports annually every Dec. 31. The bonds are quoted at 101 on Sept. 1, 2011, 103 on Dec. 31, 2011 and 104 on Jan. 1, 2012. The bonds are reclassified from amortized cost to fair value through profit or loss. How much is the gain (loss) on reclassification and where is that amount presented? Possible answer formats: Gain amount OCI, (Loss amount)_OCI, Gain amount _PL ,(Loss amount) _PL