please help

Non-current Assets Held for Sale and Discontinued Operations 259 January 1, 20X5, to April 27, 20x5, the component unit had income of P150,000. However, from the period April 27 to December 25 the component suffered a loss of P50,000. Ignoring taxes, what should ABC report for discontinued operations for 20X5? a. 50,000 b. 50,000 loss c. 200,000 d. 100,000 (AICPA) 260 Chapter 4 20X6, is not included in the estimated disposal loss of P480,000. The estimate was equal to the actual loss incurred during the year. Before income taxes, what amount should be reported in Carty's income statement for the year ended December 31, 20X6, as the loss from discontinued operations? a. 600,000 b. 480,000 c. 455,000 d. 425,000 (AICPA) 10. Rock Co.'s financial statements had the following balances at December 31: Profit for the period from discontinued operations 50,000 Foreign currency translation gain 100,000 Profit for the year 400,000 Unrealized gain on FVOCI equity securities 20,000 What amount should Rock report as comprehensive income for the year ended December 31? a. 400,000 b. 420,000 c. 520,00 d. 570,000 (AICPA)