Question 19 8 pts 3 pts On January 1, 2018, Sonique Corporation purchased 25,000 ordinary shares of Love Incorporated at P30 per share. The transaction cost for the purchased was P 33,575.00. The shares are classified as financial asset at fair value through other comprehensive income. Love declared and paid dividends of P8.00 and P7.50 per share in 2018 and 2019, in that order. Accordingly, Love's shares were trading at P32 per share by year-end 2018 and P29 per share by year-end 2019. Required: Determine the following: 1. Initial value of equity instrument on January 1, 2018. - 2. Total amount to be recognized in the Profit and Loss Statement for 2018. - 3. Carrying amount of the equity instrument in statement of financial position on December 31, 2019. 4. Cumulative unrealized Gain or (Loss) on change in fair value recognized in the statement of financial position for the year ended December 31, 2019. (Follow the following format in your final answer: XXX.XXX.XX GAIN or XXX.XXX.XX LOSS, such as 65,400.00 GAIN or 75,340.75 LOSS)