800 Corporation's accounting records included the following investments: Investment in Ordinary Shares 1/1/8 12/31/18 12/31/19 1/1/20 P 7/1/20 200,000 300,000 Investment in Bonds P 1,051,510 P 800,000 your audit, you noted the following: Investment in Ordinary Shares The investment is not designed at FVTOCI Acquired on January 1, 2018 at P950,000 plus transaction costs of P50,OOO. On July 1, 2020, the entity sold half of the investment for its fair value of P800,OOO. Fair value of the investment: December 31, 2019, December 31, 2020, psoo,ooo. Investment in Bonds The equity uses the "held for collection" business model acquired and originated debt instruments. PI,OOO,OOO, 10% bonds, purchased for 1,051,510 including transaction costs of P20,OOO. Interest is payable annually every December 31. The bonds mature on December 31, 2022 The prevailing market rate for the bonds is 9% at December 31, 2020.