Please show the correct answer. refer to the image. it is all complete questions. all you have to is to answer.

Please Label and show solutions in every answer.

6. David Company provided the following relating to the revaluation of an equipment on January 1, 2016 Cost Replacement cost Equipment 3,250,000 4,600,000 Residual value 250,000 100,000 Useful life 12 Age of equipment 2 The equipment was sold on December 31, 2016 for 4,000,000 QUESTIONS: WHAT IS THE: 1. The revaluation surplus on January 1, 2016 2. Depreciation for 2016 3. Revaluation surplus on December 31, 2016 (prior to sale) 4. Gain on sale of equipment on December 31, 201611. On September 1, 2016, one of Mad Hatter Company's delivery truck was destroyed in an accident. The carrying value of the truck was P125,000. On September 18, 2016 Mad Hatter Company received an invoice for a new engine installed in the truck in August 1, 2016 amounting to P65,000 and another receipt for various repairs made totaling to P35,000. In October Mad Hatter Company received P280,000 under its insurance policy on the truck which it plans to use to replace the truck. In October Mad Hatter Company received P280,000 under its insurance policy on the truck which it plans to use to replace the truck. QUESTION: The amount that Mad Hatter Company should report as gain in relation to the truck in its 2016 statement of profit or loss