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What amount of cumulative unrealized gain or loss

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Question - Sana Company had trading and non-trading investments held throughout 2020 and 2021. The investments had the following fair value at year-end:

 

December 31, 2020

December 31, 2021

Trading

4,000,000

3,800,000

Non-Trading

3,700,000

3,500,000

The non-trading investments, measured at fair value through other comprehensive income, had a cost of 3,000,000 and the trading investments had a cost of 3,000,000.

A. What amount of cumulative unrealized gain or loss should be reported as component of other comprehensive income in the statement of changes in equity on December 31, 2021?

B. What amount of unrealized gain or loss should be reported in the income statement for 2021? Indicate Gain or Loss.

Reference no: EM132913289

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