Aprina Bhd made a loan of RM$12,000$ to its customer on $1$ May $2019.$ The loan has four years

to run with a coupon rate of $3\%.$ The loan runs as expected for the first two years, but at the end

of the second year at $30$ April $2021,$ just as the second interest payment is received, Aprina Bhd

receives information that the customer is going through a financial reorganisation. Further

investigation reveals that the customer is unlikely to pay any further interest instalments. The

original effective interest of the loan is $8\%$ p$.$a$.$ and the effective interest rate after reorganisation

is $8\mathrm{.}7\%$ p$.$a$.$

Required:

Discuss how should the loan be measured in the books of Aprina Bhd and calculate the amount

that will be reflected as financial asset on the maturity of this loan on $30$ April $2023.$help