Question: Security One and Security Two are held for trading and Security Three and Security Four are measured at Fair value through other comprehensive income by

Security One and Security Two are held for trading and Security Three and Security Four are measured at Fair value through other comprehensive income by election. During 2022, the entity sold Security Two for P1,000,000 and half of Security Four for P500,000. Revenues and operating (marketing and administrative) expenses for the year 2022 are P7,500,000 and P4,000,000 respectively. How much is the change in the Retained Earnings for the year 2022 due to the equity securities (indicate whether increase or decrease)?

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