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A company borrowed 7.5 million from local bank at interest rate of 10% on January 1 the construction also started at January 1 2019 .

A company borrowed 7.5 million from local bank at interest rate of 10% on January 1 the construction also started at January 1 2019 . The company paid evenly 6 million from 1st march to December and no remaining loan were paid during the year. excess amount were invested at 6% return from July 2019 

what will be the amount of borrowing cost to be capitalized at Dec 2019 ?


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