On January 1, 2018, EUDORA Company purchased 12% bonds, having a maturity value of P800,000, for P860,652 including transaction cost of P110,000. The bonds provide the bondholders with a 10% yield, are dated January 1, 2018, and mature January 1, 2023, with interest receivable December 31 of each year.

EUDORA's business model requires the accounting of the debt investment at Fair Value Through Profit or Loss (FVPL). The bonds are quoted at 108 and 109 at the end of 2018 and 2019 respectively.

On April 1, 2020, the bonds were sold at 112 plus accrued interest.

At what amount should the debt investment be reported in the Statement of FinancialPosition as of December 31, 2019?

a.P910,0004

b.P900,000

c.P972,000

d.P872,000