Problem 2 Beeju Company's biological assets fair value as of January 1, 2020 was P2,700,000 and as of December 31, 2020 was P2,250,000. The fair value of the agricultural produce harvested during the period was P2,100,000 on the respective dates of harvest. What net amount of gain or loss should Beeju Company report in its December 31, 2020 profit or loss related to the biological asset and agricultural produced