4.Kangaroo Pty Ltd is an Australian resident company which has a wholly owned subsidiary in France, Pierre Co. Kangaroo's balance sheet expressed in AU$ is as follows: Assets Value Liabilities Value Australian Real $6m Share Capital $7.5m Property Other Australian $3m Aussie Bank Loan $3m Assets Investment in $2m Trade Creditors $0.5m Pierre Co Total Assets $11m Total Liabilities $11m Kangaroo Pty Ltd has $400,000 in debt deductions in the current year in relation to its Aussie Bank loan. Kangaroo Pty Ltd does not have any associated entities that have debt deductions. Based on the facts provided will the thin capitalisation rules apply to Kangaroo Pty Ltd