Company X PLC has the following general borrowings outstanding throughout the year to $30$th June $2019($company$$s financial year end$)$: $($i$)500,000$ bank loan with $5\mathrm{.}5\%$ interest rate; $($ii$)450,000$ bank loan with $7\%$ interest rate; $($iii$)700,000$ bank loan with $9\mathrm{.}5\%$ interest rate; and $($iv$)350,000$ bank loan with $10\%$ interest rate. On $1$st October $2018,$ the company began construction of a qualifying asset and incurred expenditure of $200,000.$ A further $300,000$ was also spent on $1$st of February $2019.$ Finally, a last expenditure of $150,000$ was spent on $1$st April $2019.$ All three expenditures were made by using the existing general borrowings. You are required to calculate the amount of borrowing costs that should be capitalised as part of the qualifying asset during the financial year ending $30$th June $2019.$ In case you are rounding up$,$ please select the closest option to your answer. Question $7$Answer a$.11,260\mathrm{.}32$ b$.17,031\mathrm{.}15$ c$.29,333\mathrm{.}15$ d$.25,078\mathrm{.}12$