3. ABC Ltd had the following loan liability in place during 2015. GHC 2,000 at 20% per annum. GHc 6,000 at 24% per annum. The company installed a new bottling plant cost GHc 1,800 in 2015, the project of which was financed from the pool of funds. The project commenced in the first week of January 2015 and was completed on 30th September, 2015. Payments to the contractor were scheduled as follows: GHc 1 January, 2015 600,000 1 April, 2015 1,000,000 30 September 2015 200,000 The plant was commissioned and put to use in 1 November, 2015. Required: Describe and justify the correct accounting treatment and presentation of the bottling plant indicating clearly the amount of borrowing costs that can be capitalized as part of the cost of the bottling line