same question in number 1 problem

A herd of 10 2-year old animals was held at Jan. 1 of the current period. On July 1, one animal aged 2.5 years was purchased for 10,800 and one animal was born. No animals were sold or disposed of during the period. Per-unit fair values less costs to sell were as follows: 2 - year old animal on Jan. 1 P10,000 Newborn animal at July 1 7,000 2.5 - year old animal on July 1 10,800 New born animal on Dec. 31 7,200 0.5 - year old animal on Dec. 31 8,000 2 - year old animal on Dec. 31 10,500 2.5 - year old animal on Dec. 31 11,100 3 - year old animal on Dec. 31 12,000 Required: Compute or the following: 1. Carrying amount of biological assets as of Dec. 31. 2. Increase in fair value of biological assets in the current period due to price changes. 3. Increase in fair value of biological assets in the current period due to physical changes.Walton Dairy Products produces milk on its farms. As of Jan. 1 Walton has a stock of 1,050 cows (average age, 2 years old) and 150 heifers (average age, 1 year old). Walton purchased 375 heifers average age 1 year old, on July 1. No animals were born or sold during the year. The unit fair values less estimated costs to sell were 1 - year old animal at Dec. 31 P3,200 2 - year old animal at Dec. 31 4,500 1.5 - year old animal at Dec. 31 3,600 3 - year old animal at Dec. 31 5,000 1 - year old animal at Jan. 1 and July 1 . 3,000 2 - year old animal at Jan. 1 4,000