urrent Attempt in Progress Pharoah Technologies Inc. held a portfolio of shares and bonds that it accounted for using the fair value through other comprehensive income model at December 31, 2023. This was the first year that Pharoah had purchased investments. In part due to Pharoah's inexperience, by December 31, 2023, the market value of the portfolio had dropped $29,500 below its original cost. Pharoah recorded the necessary adjustments at December 31, 2023, and was determined to hold the securities until the unrealized loss from 2023 could be recovered. By December 31, 2024, Pharoah's goal of recovery had been realized and the original portfolio of shares and bonds had a fair market value $6,300 higher than the original purchase costs. Pharoah's income tax rate is 30% for all years. Assume that any gains that will ultimately be realized on the sale of the shares and bonds are taxable as ordinary income when they are realized. Pharoah applies IFRS