On January 1, 20x1, ABC Co. acquired 100, P5,000 face amount, 10%, 3 year 'term' bonds of XYZ Co. for P428,567. ABC incurred transaction costs of P25,000 on the acquisition. The effective interest rate adjusted for the transaction costs Is 14%. The bonds were quoted at 102 on Dec 31, 20x2. What amount of gain (loss) is recognized if the bonds were sold on Jan 3,20x3 at 102, transaction costs of P15,000 were incurred on the sale, and the bonds were classified as Amortized cost? * 4