Asking for help with this problem so I can also have a reference for my upcoming quizzes thank you so much!

+ | Page view A Read aloud CHIUGU DEVEMIDGI UT, ZUTT 9. On January 2, 2013 Saint Company invested in a 4-year 10% bond with a face value of P6,000,000 in which interest is to be paid every December 31. The bonds has an effective interest rate of 9% and was acquired for P6, 194,383. Saint Company has a portfolio of commercial loans that it holds to sell in the short term. On December 31, 2013, the security has a fair value of P6,229,862 which is based on the prevailing market rate of 8.5%. On December 31, 2013, Saint Company acquires Joseph Company that manages commercial loans and has a business model that holds the loan in order to collect the contractual cash flows. Saint Company original portfolio of commercial loans is no longer for sale, and the portfolio is now managed together with the acquired commercial loans and all are held to collect the contractual cash flows. On December 31, 2014, the debt investment has a fair value of P6,550,000. What amount should the debt investment be reported in the December 31, 2014 statement of financial position? 6 11:06 AM 3/14/2021 HP 2011