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1 point Marko Corporation has several assets for classification as biological assets. After reviewing the data gathered shown in the image, how much should Marko report as net gain from change in fair value of biological assets for the quarter? Cocoa pods kept Cows and Cocoa Trees in storage for Sheep the whole period Cost P300,000 P400,000 Ou Carrying Value, April 1, 2020 800,000 900,000 P 200,000 Increase or (decrease) in value from price change (40,000) (50,000) Increase or (decrease) in value from physical change 100,000 180,000 (3'000 000 X 10PX SUS) Your answer Vecinale BCCP boucibo 3 000 DO MICU 20,000 50,000 OLIV Unpar O AU LOUIS wipe ou one Uoje 12 GXD226 U WOU O Conan zo goue pN WOUNDS Red Co. owned 50,000 shares of another Blue Co.. These 50,000 shares 1 pe were originally purchased for P100 per share. The investee distributed 50,000 rights to Red Co., Red Co. was entitled to buy one new share for P140 and five of these rights. Each share had a market value of P150 and each right had market value of P10 on the date of issuance. Red Co. exercised all rights. The share rights are accounted for separately and measured initially at fair value. What total cost should be recorded for the new shares that are acquired by exercising the rights? * 3'000 000 1242 Your answerapiou INS en geconuisqipe UolG 10 wal gauk OU WOC I a V6 3000 000 -LOUI' 103 uole goje jaunal' SOSO 12 LECEAE LLOU) a cr NIKIO: Diaconujua mip geconize IN DILI UCOUS 2 ISOLO LOLacina Ugal US OU LE gis , qiz 1. On January 2, 2020, Magsaysay Company sold equipment with a carrying amount of P400,000 in exchange for a P600,000 4-year non-interest- bearing note due January 2, 2024. There was no established exchange price for the equipment. The prevailing rate of interest for a note of this type at January 2, 2020 was 10%. What is the carrying value of the note receivable as of December 31, 2022 Statement of Financial Position?* UOCO SO TC aconda za tajoms 00