Mailing Help -A- . I Normal 1 No Spac... Heading Heading 2 Font Paragraph 2 Styles 5 i) Esimam Ltd Esinau company bad the following loans in place at the beginning and end of 2019 1 January 31 December 2019 2019 GHS GHS 25% Bank loan repayable 2020 480,000 480,000 30% Bank loan repayable 2021 320,000 320 000 20% Debenture Stock repayable 2022 300,000 On 1 January 2012... the company began the construction of a qualifying asset (a bridge) to link the factory location to the settlement site of the workers at a cost of GHS400,000using existing borrowings (the 25% bank loan and the 30% bank loan). Expenditure drawn down for the construction was GHS120,000 on 1 January 2019: GHS80,000 on 1 May 2019 and GHS200,000 on 1 October 2019. The bridge was completed and put to use on 31 December 2019. The 20% debenture stock was specifically issued to fund the construction of another qualifying asset (an office building)construction of which began on 1 July 2019. Required: Calculate the borrowing costs to be capitalized for the bridge. [5 marks Examiners: F. Kwaku Aboagye Otchere & A, Addo Page 4 of 6