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Company A receives a forgivable loan of $ 6,000,000 on January 1 2021 to offset the cost of equipment acquired on January 1, 2021 There is a condition related to the loan that states the Company may not reduce current employment levels for all of 2021, 2020 and 2021 If the conditions are met the loan is not repayable If the conditions are violated the loan must be paid back in full Assume conditions violated on January 1 of 2021 The equipment original cost was $ 60,000,000 and has a useful life of 10 years Prepare the journal entries for 2021, 2022 and 2023 for both IFRS and ASPE for both cost reduction and the deferral approach