What balance of unrealized gain - other comprehensive

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On December 31, 2020, GHI Corporation holds 50,000 shares of Harry Company with market value of P6,300,000 and originally acquired at a total amount of P5,900,000. The investment is classified as fair value through other comprehensive income. On March 1, 2021, a 3-for-2 stock split was completed by Harry Company. On September 30, 2021, GHI Corp. sold 21,000 shares of Harry Company for its fair value of P73/share. On December 31, 2021, a share of Harry Company has a fair value of P75/share.

Problem 1: What is the balance of Unrealized Gain or Loss - Other Comprehensive Income to be transferred to Retained Earnings the sale of the investment on September 30, 2021?

Reference no: EM132932060

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