How much unrealized gain on equity investment is recognized in profit or loss for the year 2020?

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter13: Investments And Long-term Receivables
Section: Chapter Questions
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During the year 2019, Strict Company acquired 10,000 ordinary shares of Lenient Company for P220,000 plus broker's commission of P 5,000.  The shares acquired by Strict are intended for trading. The market value of these shares for the last three years are as follows:
December 31, 2019---------P235,000
December 31, 2020---------P240,000
December 31, 2021---------P222,000
How much unrealized gain on equity investment is recognized in profit or loss for the year 2020?

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