The following transactions appear on the equity investments at fair value through profit or loss account of THE EAST Corporation Debit Date 03/1/x6 Credit P 1,690,000 07/03/x6 Particulars Purchased 40,000 shares of ABCD at P 30.75/share and 20,000 shares of Benpress at P 23/share Purchased CTRL 15% bonds, face value P 4,000,000. Interest dates July 1 and Jan 1. Maturity date July 1, 20x9 Sold 14,400 shares of ABCD at P 30/share And 4,000 shares of Benpress at P 25/share Sold PAG-IBIG bonds at 98 plus accrued interest 4,000,000 11/5/x6 P532,000 4,220,000 12/31/x6 i. ii. On October 1,20x6 THE EAST received 8,000 shares of ABCD as stock dividend Benpress declared a 15% stock dividend to all stockholders of record as of November 15, 20x6 payable on December 1,20x6 REQUIRED: Based on the data above, how much is the adjusted balance of THE EAST'S equity investments at fair value through profit or loss as of December 31, 2016