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How much unrealized gain or loss must be presented

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Question - On January 1, 2019, ACT 185 company purchased a 5-year bonds with a face value of P 10,000,000 and stated interest of 10% per year payable semi-annually every June 30 and December 31. The bonds were acquired to yield 8%. On April 30, 2021, ACT 185 Company sold all the bonds at 108 plus accrued interest. Quoted price of the bonds on different dates are as follows:

December 31, 2019 - 105,

December 31, 2020 - 106

December 31, 2021 - 105.5

December 31, 2022 - 107

December 31, 2023 - 107.5

If the debt investment is classified as fair value through profit or loss, how much unrealized gain or loss must be presented in the profit or loss section of the statement of comprehensive income for year 2020?

Reference no: EM133013605

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