Problem 2. CANDABA Co.'s portfolio of trading securities includes the following on December 31, 2018: Cost Fair Value 15,000 ordinary shares of Tomas Co. 477,000 417,000 30,000 ordinary shares of Gandara Co. 546,000 570,000 1023.000 987.000 All of the above securities have been purchased in 2018. In 2019, Candaba Co. completed the following securities transactions: March 1 Sold 15,000 shares of Tomas Co., Ordinary shares at P31, less brokerage commission of 4,500. April 1 Bought 1,800 ordinary shares of Westin, Inc. at P45 plus commission, taxes, and other transaction costs of 1,650. The Candaba Co. portfolio of trading securities appeared as follows on December 31, 2019: Cost Fair Value 30,000 ordinary shares of Gandara Co. 546,000 580,000 * 1,800 ordinary shares of Westin Inc. 82,650 75,000 ** 628.650 655.000 * Net of 6,500 estimated transaction cost that would be incurred on the sale of the securities. ** Net of 1,500 estimated transaction cost that would be incurred on the sale of the securities. 1. What amount of unrealized gain on these securities should be reported in the 2019 income statement? 2. What is the gain or loss on the sale of Tomas Co. ordinary share on March 1, 2019? 3. What amount should be reported as trading securities in Candaba's statement of financial position on December 31, 2019