Question 3 of 5 In 2019, Barter Company purchased trading securities: E- Market value. December 31. 2019 SecurityA 700.000 800.000 Security B 1.200.000 1,600,000 On July 31. 2020, the entity sold all of the shares of Security B for P1,300.000. On December 31. 2020, the shares of Security A had a market value of P600000. No other activity occurred during 2020 in relation to the trading security portfolio . l ________________________________________________________________________________________________________________________________________________________ [Nhat total loss on the trading securities should be reported in the income statement for 2020? a. P100,000 b. P200.000 c. P300.000 d. P500.000 Select the correct response: A Question 4 of 5 On January 1. 2019. 4% Company purchased nontrading investments at P4,000,000 which are irrevocably designated as FVOCI. Transaction costs is at P400,000. The market value on December 31, 2019 was P4,800.000. On June 30. 2020. the entity sold the securities for P5,000.000. What amount of gain on sale should be recognized in the income statement for 2020'? a. 0 b. P200,000 c. P400,000 d. P600000 Select the correct response. Question 5 of 5 During 2019, Hug Company Purchased marketable equity securities for P1 ,850.000 To be held as trading investments. The company appropriately reported an unrealized loss of P200.000 in income statement for 2019. In December 2020, market value of the securities was at P2,000,000. What amount of unrealized gain on these securities should be included in the 2020 income statement? a. 0 b. P150,000 c. P350000 d. P550,000 Select the correct response- Question 1 of 5 On January 1. 2020. Cage Company purchased 100.000 ordinary shares at P00 per share to be classied as nontrading through other comprehensive income. On September 30, 2020, the entity received 100,000 share rights to purchase 20,000 shares at P90 per share. Each share had a market value of P114 and the share right had a market value of P6. The share rights had an expiration date of February 1. 2021. 1. What amount should be reported on September 30. 2020 as investment in share rights? a. P100.000 b. P400,000 c. P500.000 d. P600,000 Select the correct response. Question 2 of 5 Using the data given in Cage Company in #1 2. What is the total cost of the new investment if all of the share rights are exercised? a. P1 ,600,000 b. P1 ,800,000 C. P2,200,000 d. P2,400,000 Select the correct response