Reference no: EM132586528
On December 31, 2017, Steadfast Co. purchased equity securities measured at fair value through other comprehensive income. Pertinent data are as follows:
Market Cost
12/31/2018 12/31/2019
C Company P 900,000 P 880,000 P 1,000,000
P Company 1,100,000 1,120,000 1,240,000
A Company 2,000,000 1,900,000 1,720,000
Question 1: How much unrealized gain or (loss) should be recognized as component of equity as of December 31, 2019 related to these securities?