Reference no: EM132572752

Question - The alphabetical list of items that may be relevant in the preparation of statement of comprehensive income of Daniel Corporation is provided below:

Actuarial gains on defined benefit pension plans recognized outside profit or loss P1,333

Decrease in inventories of finished goods and work in progress 107,900

Depreciation and amortization expense 17,000

Employee benefits expense 43,000

Exchange differences gain on translating foreign operations 10,667

Finance costs 18,000

Gains on property revaluation 3,367

Income tax expense 32,000

Income tax relating to components of other comprehensive income 9,334

Loss for the year from discontinued operations 30,500

Other expenses 5,500

Other income 11,300

Raw material and consumables used 92,000

Revenue 355,000

Share of other comprehensive income of associates (Unrealized loss on assets at FVOCI) 700

Share of profit of associate 30,100

Unrealized gain on assets at FVOCI 26,667

Unrealized loss on derivatives in an effective cash flow hedge 4,000

Work performed by the entity and capitalized 15,000

Required - Compute the other comprehensive income for the year?

a. P28,700

b. P28,000

c. P32,700

d. P93,500