8. To construct an asset, a German company borrows US dollars during a 24-month construction period of: $250,000 on January 1, 2014; $100,000 on June 30, 2014; $100,000 on January 1, 2015; and $50,000 on June 30, 2015. Construction of the asset is completed on December 31, 2015, and it is ready for its intended use. The specific interest rate on this borrowing is 8%, with the amounts being borrowed as the expenditures are made. On December 31, 2015, the German company uses euros to repay its US-dollar loan and incurs an exchange loss of $10,000. What costs should be capitalized using IFRS? a. $62,000 b. $40,000 C. $72,000 d. $10,000