Rosewater Corporation, which reports under IFRS, reported a realized gain on the sale of long-term bond investments

Question:

Rosewater which reports under IFRS, reported a realized gain on the sale of long-term bond investments and an unrealized loss of $28,000 on its trading investments for the year ended April 30, 2012. The also has $17,000 of revenue relating to its share of the profit of an associate. The accountant wasn't absolutely sure if these items should have been included in profit or in other comprehensive income. Identify whether each of the above items should be included in profit or OCI. Would your answer change if the equity investment was not a trading investment?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...