Please assist on answering the questions below

Question 3 On 1 March 2021, Malandela Ltd purchased 20 000 ordinary shares for a consideration of R1,20 per share, from JMPD Blue Ltd. On 28 February 2022, the fair value of shares held at JMPD Blue Ltd amounted to R26 000. On which financial statement of Malandela Ltd would the change in the value of shares be disclosed? 1. Statement of cash flows 2. Statement of financial position 3. Statement of profit or loss and other comprehensive income 4. Statement of changes in equity Question 4 On which financial statement would the balance of shares be disclosed? 1. Statement of profit or loss and other comprehensive income 2. Statement of financial position 3. Statement of changes in equity 4. Statement of cash flows Question 5 Recognition is the process of: 1. Determining where an item should be presented in the financial statements 2. Sorting assets, liabilities, equity, income or expenses on the basis of shared characteristics 3. Adding together of assets, liabilities, equity, income or expenses that have shared characteristics 4. Capturing, for inclusion in the statement of financial position or the statement(s) of financial profit or loss and other comprehensive income, an item that meets the definition of one of the elements of the financial statements; an asset, a liability