60+ New as A Met O) 2 Present |4 Module |4 Module |4 Module |4 Module| Endtern End X Messen LAST IAS 23 83 IFRS - 1/ PKF IAS 23 E Blog Art + X C https://docs.google.com/forms/d/e/1FAlpQLScNW56dEPmUnseSEkOggTVu8pcN4F-hZkLQGR4jpeio9pgJcg/viewform?hr_submission=ChkilY6IgcOBEhAltYXvn... Net amount in other comprehensive income * 1 point Cute Corporation owns the following properties at 1 January 2018: Property A An office building used by Cute for administrative purposes with a depreciated historical cost of P2 million. At 1 January 2018 it had a remaining life of 20 years. After a re-organization on 1 July 2018, the property was leased to a third party and reclassified as an investment property applying Cute's policy of a fair policy model. An independent valuer assessed the property to have a fair value of 2.3 million at 1 July 2018, which had risen to P2.34 million at 31 December 2018. Property B Another office building sub-leased to a subsidiary of Cute. At 1 January 2018, it had a fair value of P1.5 million which had risen to P1.65 million at 31 December 2018. At 1 January 2018 it had a remaining life of 15 years. Determine the amounts that should be recognized by the entity in its separate financial statements in respect of these properties in the year ended in December 31, 2018 for the following: O P500,000 O P300,000 O P350,000 Type here to search O AU DENG 12:10 pm 19/12/2020