申論題

X. Wayne company bought 1,000 shares of Falcone company at $10 per share during 2016 and classified the equity investment as the financial asset measured at fair value through other comprehensive income. The fair value of the equity investment on Dec. 31, 2017 is $15 per share. Wayne company sell the equity investment all during 2018 at $18 per share. Similarly, Wayne company bought $10,000 bonds of Nana company at face value during 2016 and classified the debt investment as the financial asset measured at fair value through other comprehensive income. The fair value of the debt investment on Dec. 31, 2017 is $15,000. Wayne company sell the debt investment all during 2018 at $18,000.

1. For the above equity investment, compute the related gain or loss that should be recognized in the net income for 2017 and 2018.