At 1^st January 2016, the Company signed 3 contracts. These include a $100,000 Commodity forward contract, an $50,000 debentures investments and $30,000 shares ($ 1 per share) investments. All investments are classified as available-for-sale financial assets because these kind of contract does not classify in any of the other categories under HKAS 39/IAS 39. Each contract has 10% transaction cost of the value of each investment. 31^st December 2016 is year end. Required: a) Can all contracts recognize as available for sales classification? b) Should transaction cost of all contracts add to financial assets? c) Please prepare related journal entries regard transaction cost. d) Should transaction cost add to or deduct from fair value at initial recognition of debenture investment? e) Should transaction cost include in the calculation of amortized cost if effective interest method is used by debenture issuer? f) Prepare an abstract of financial statement and a statement of other comprehensive income if the market value of $30,000 share investment contract increases 10% at year-end. It is assumed that net profit for current year is $100,000. g) Prepare the abstract of financial statement only if the market value of $30,000 share investment contract decreases 10% due to impairment