trading securities account has an unadjusted balance of P483,640 as of December 31, 20X1.\ The company's equity portfolio as of year-end showed the following:\ Total No. of Shares\ Cost\ Market Price per Share\ Baclaran Cement\ Fil-Estate lonics\ La Tondena\ Selecta\ Union Bank\ 7.000\ P108.500\ P16.00\ 10.000\ 195.000\ 19.75\ 2,400\ 49,200\ 24.00\ 2.000\ 67,000\ 26.00\ 8,000\ 31,600\ 1.20\ 1.600\ 50.880\ 27.50\ P502,180\ The securities are listed on the stock exchange. The company follows the fair value model in accounting for its investments. What is the adjusted trading securities balance as of December 31, 20X1?\ A. P403.640\ C. P491,240\ B. P502,180\ D. P472,700