Question: with solution please Question 41 2 pts On its December 31, 2020, statement of financial position, Alpha Co. reported its investment in equity securities at

with solution please with solution please Question 41 2 pts On its December 31, 2020,

Question 41 2 pts On its December 31, 2020, statement of financial position, Alpha Co. reported its investment in equity securities at fair value through other comprehensive income, which had cost P600,000, at fair value of P550,000. At December 31, 2021, the fair value of the securities was P585,000. What should Alpha report on its 2021 income statement as a result of the increase in fair value of the investments in 2021? Unrealized gain of P35,000 Realized gain of P35,000 Unrealized loss of P15,000. PO

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