I NEED ANSWER FOR B ONLY

QUESTION 3: Jengka Indah Sdn Bhd is a furniture manufacturer located in Bandar Jengka. Due to increase in the demand of their newly designed furniture, the company decided to build a new plant. The construction started on 1 January 2015, and completed within 12 month. The new plant was first used on 1 April 2016 and expected to be used for 10 years. The plant was constructed using the company"s own resources, which includes: The company decided to provide the depreciation on the new plant at 10% per annum on its cost, based on monthly basis. Jengka Indah Sdn Bhd closes its books on 31 December each year. Required: A: a. Identify whether the new constructed plant is as an asset of the company. (3M) b. Describe whether the new plant is an item of property, plant and equipment in accordance with MFRS 116 Property, Plant and Equipment. (3M) c. Identify any THREE (3) components of costs of a self-constructed property, plant and equipment. ( 3M) d. Compute the initial cost of the new plant constructed by Jengka Indah Sdn Bhd (3M) e. Calculate the depreciation of the new plant as at 31 December 2016. (2M) B: In the year ended 2016, Jengka Indah Sdn Bhd incurred further costs of enhancing and maintaining the plant to ensure that it is in proper condition. These costs include renovation, general cleaning and repainting, which is considered as subsequent costs of the plant. Discuss the two treatments of the subsequent costs above. (5 M)