B. What is the total borrowing cost to be capitalised? PROPERTY OF Calculate the interest expense which will be recognised in the Statement of Comprehensive Income at the end of the financial year. IVY TOW SEND LIBRA mark Do Re Mon C. Describe FOUR (4) circumstances which indicate that an impairment loss relating to an asset may have occurred. (8 mark D. Explain how IAS 36 deals with the recognition and measurement of impairment of assets. (4 mar Lebron James Sports Limited purchased a new equipment for its gymnasium and incurred the Following costs at the end of the first year of acquisition: Purchase price Routine servicing Shipping and delivery Non-Refundable taxes Major replacement parts Import duties $ 12 500 000 25 000 1 050 000 200 000 500 000 1 250 000 (8) PROPERTY OF IVY TOW SEND UBRARY Based on IAS 16- Property, Plant and Equipment, how much should Lebron James recognise in his Statement of Financial Position, as the cost of the asset? (6 me