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CALCULATE IN DETAILED PLS Task 2: ABC begins the construction of a building on 1 January 20X1. The following expenditures on this property incured during

image text in transcribedCALCULATE IN DETAILED PLS

Task 2: ABC begins the construction of a building on 1 January 20X1. The following expenditures on this property incured during the year 20X1: (Unit: CU 1000) 1 January 20X1 - 100,000 1 June 20X1 - 300,000 1 October 20X1 - 600,000 On 1 January 20X1, Entity A had 500,000 of general borrowings which increased by 1 million to 1.5 million in total on 1 June 20X1. Interest expense on these borrowings calculated to 50,000 for full year 20X1. Calculate the amount relating borrowing cost that should be capitalised in the cost of the building

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