Duday Corporation incurred the following transactions relating to investment in Efren Corporation ordinary shares, which Duday acquired for trading purposes. 1st year Purchased 1,000 shares (5% interest in voting shares) at P150 per share, plus transaction costs of P3,750. At year-end, the Efren Corporation ordinary shares had a fair value of P180 per share. 2nd year Sold 500 shares of Efren Corporation at P190 per share, incurring P1,000 transaction costs on the sale. At year-end, the fair value of each share was P192. How much is the unrealized gain/loss on equity investments that is to be reported on the income statement for the 2nd year? (Note: Indicate "(  )" if loss)

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.