JDIP will be constructing a bridge costing $70M and it uses IAS 23 alternative treatment of borrowed funds. JDIP took a loan of $50M specifically for th is construction. The remainder will be taken from the general pool of funds. Debt structure of the JDIP is as follows: A. What is the total borrowing cost to be capitalised? (8 marks) B. Calculate the interest expense which will be recognised in the Statement of Comprehensive Income at the end of the financial year. (4 marks) C. Describe FOUR (4) circumstances which indicate that an impairment loss relating to an asset may have occurred. (8 marks) D. Explain how IAS 36 deals with the recognition and me asurement of impairment of assets. (4 marks) 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: E 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 marks)