On January 5, 2021, Sisig Corp. purchased 50,000 shares of Toyomansi Company ordinary share for P3,600,000. Sisig Corp. classified the investment as EQUITY INVESTMENTS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME. On June 2, 2021, Sisig received 50,000 rights from Toyomansi. Each right entitles the holder to acquire one share for P70. On October 4, 2021, the company exercised 60% of rights when the fair value of shares is P90/share. Sisig sold the remaining rights on December 23, 2021 for a P15 per right. The investment income from the EI@FVTOCI reported in the profit or loss for 2021 is:  a. P-0- b. P900,000 c. P300,000 d. P600,000

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A:

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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.