Spring Corp. has the following investments which were held throughout 20152016:

Fair Value

Cost 31/12/2015 31/12/2016

Trading $300,000 $400,000 $380,000

Non-trading 300,000 320,000 360,000

1. What amount of gain or loss would Spring Corp. report in its income statement for the year ended December 31, 2016 related to its investments?

2 . What amount would be reported as accumulated other comprehensive income related to investments in Spring Corp.s statement of financial position at December 31, 2015?