Problem 1:

2024 Generated earnings 80,000

Multiply by: 0.3
income statement - 2024 (before taxes) 24,000

Initial investment cost 200,000

Income as a result of investment, before income taxe 24,000
Dividends received -15,000
Carrying amount - 2024 209,000

Initial investment cost 200,000

Income as a result of investment, before income taxe 24,000
Dividends received -15,000
Carrying amount 209,000
Income - Year 2 30,000
Balance at 06/30/2025 239,000
Percentage of stocks sold 50%
Cost of stocks sold half 119,500
Selling Price 150,000
Gain on sale of its investment - 2025 30,500

Problem 2:

Initial cost 132,000,000

Effective interest 6,600,000
Nominal interest 6,400,000 200,000
Carrying amount - Jun. 30 132,200,000
Amortization of discount - Jul. - Dec. 31
Effective interest 6,610,000
Nominal interest 6,400,000 210,000
Carrying amount - 2023 132,410,000

0. No unrealized holding gain/loss shall be recognized on financial assets measured at amortized cost.

Effective interest 6,600,000

Effective interest 6,610,000
Interest income 12/31/2023 13,210,000

Problem 3:

Shares 5,000
Market value per share 8.2
Carrying value of investment 41,000

Cost Market value

San Miguel "A" 150,000 117,000
Seniority Bank 110,000 123,125
Mutivit 54,600 47,320
Unrealized loss 314,600 287,445 27,155

Problem 4:

Fair value 64,500,000

Cost 67,500,000
Unrealized loss -3,000,000

Fair value - Dec. 2023 66,675,000

Fair value - Dec. 2022 64,500,000
Unrealized gain 2,175,000
Unrealized loss -3,000,000
Cumulative unrealized loss -825,000

Cost Fair Value UG/UL

Delta Corp. 4,200,000 4,800,000 600,000
Polygon Corp. 3,000,000 2,160,000 -840,000
Unrealized gain/loss 7,200,000 6,960,000 -240,000

Problem 5:

Carrying amount - Jan. 1, 2023 765,540

Amortization of premium - Jan. 1 - Jun. 30
Nominal interest 30,000
Effective interest -26,794 -3,206
Carrying amount - Jun. 30, 2023 762,334
Amortization of premium - Jul. 1 - Dec. 31
Nominal interest 30,000
Effective interest -26,682 -3,318
Carrying amount at amortized cost - Dec. 31, 2023 759,016

Effective interest - Jan. 1 - Jun. 30 26,794

Effective interest - Jul. 1 - Dec. 31 26,682
Interest income - 2023 53,476
Problem 6:

Initial cost 132,000,000

Effective interest 6,600,000
Nominal interest 6,400,000 200,000
Carrying amount - Jun. 30 132,200,000
Amortization of discount - Jul. - Dec. 31
Effective interest 6,610,000
Nominal interest 6,400,000 210,000
Carrying amount 132,410,000

0. No unrealized holding gain/loss shall be recognized on financial assets measured at amortized cost.

Effective interest 6,600,000

Effective interest 6,610,000
Interest income - 2023 13,210,000