Problem $4$: On April $1,2021,$ GGG Co$.$ acquired $5,000$ ordinary

shares of HHH Inc. $100,000$ outstanding shares at fair value of

P$125$ per share. The shares are to be held as financial assets at

fair value thru profit and loss.

On October $1,2021,$ GGG received $5,000$ share rights from

HHH to purchased additional $1,000$ new share at P$120$ per share,

on this date the share rights fair value is $P\frac{5}{?}$ right. On October

$31,2021,$ GGG exercise the all the share rights.

On December $31,2021,$ HHH declared and issued $10\%$ share

dividends to shareholder of record to date. GGG Inc. reported

net income for $2023$ of P$3,250,000$ and the fair value of HHH

ordinary share on December $31,2021$ is P$115/$share$.$

On April $1,2022,$ HHH declared and paid a cash dividends of

P$2\mathrm{.}5$ per share to shareholder of record to date. On June $1,2022,$

GGG acquired additional $25\%$ of the outstanding shares of HHH

Inc. from the existing shareholder at P$120$ per share. On this

date the book value per share of HHH Inc. is P$112.$ The excess

is attributable to the fair value of the depreciable assets with an

average useful life of $10$ years.

On December $31,2022,$ HHH reported net income of

P$4,200,000$ which were earned evenly throughout the year,

while the fair value of its ordinary share is P$120/$share$.$

Compute for the following:

Unrealized Gain$/($loss$)-$ PL for $2021.$

Cash dividend received on April $1,2022.$

Acquisition cost of the additional $25\%$ interest.

Amount attributable to the fair value of the depreciable

assets.

Gain$/($Loss$)$ as a result of remeasurement of the existing $5\%$

interest.

Investment income accounted under equity method for $2022.$

Total income for $2022$ related to the investment.

Carrying value of the investment on December $31,2022.$