he following date relate to the defined benefit plan of ABC Company for the year ended December 31, 2020: ·      Present value of benefit obligation, January 1, 2020- P15,000,000 ·      Fair Value of plan asset, January 2, 2020- P14,000,000 ·      Contribution during the year- P1,050,000 ·      Current service cost- P800,000 ·      Benefits paid during the year- P1,500,000 ·      Present value of benefit obligation, December 31, 2020- P17,000,000 ·      Fair value of plan asset, December 31, 2020- P14,920,000 ·      Discount rate- 6% ·      Expected rate of return- 7% What amount of net remeasurement gain and loss should be reported in the other comprehensive income?

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