Need help with All of the following Financial reporting questions.

XYZ incl-and its subsidiaries have provided you, their International Financial Reporting Standards {IFRS} specialist, with a list of the properties they own: i. Land held by KY2 Inc. for undetermined future use ii. A vacant building owned by XYZ Inc. and to be leased out under an operating lease iii. Property held by a subsidiaryr of XYZ Inc, a real estate than1 in the ordinary course of its business iv. Property held by X'I'Z Inc. for the use in production v. A hotel owned by ABC Inc., a subsidiary of XYZ Inc., and for which ABC Inc. provides security services for its guests' belongings Required a. Dene an investment property. {2 marks} b. State three :3! different circumstances in which a property might be classied as an investment property. {3 marks}! a. Advise XTZ Inc. and its subsidiaries as to which of the above-mentioned properties would qualify under IAS 4D as investment properties. If they do not qualify thus, how should they be treated under IFRS? U5 marks) b. Identify and explain when investment property is recognised. {'5 merits) (Tera! 25 marks) [Question 2] a. The following data refers to assets In company XYZ, determlne \"Mother Impalrmont has occurred or not and Ids-ntlfy the amount to he rsoognlzed. {1 It marks] in - amount Fair value less cost to sell Value' in use b. Gold Nest Engineering also has a Plant under construction that is being nanced with ED million of debt, 16 million of which is a construction loan spoolcall'j.r for the oonstmction of the plant. The rest of the construction is nanced out of the genera] pool of debt of the company. The company.r will use the plant to manufacture a line of new products. The debt structure of the firm is as follows: it Construction loan @ [2 \"xi. lo tltl 001} Long term debenture @ T h: 24 tltl 001} 10 years l% Note 11} tltl OD!) The debentures and the It] year 13% note were issued at the startle time. Required: Complete the following. i. Compute the amount ofinterest payable during the year ii. Determine the amount of interest cost to be capitalized to the plant under construction. iii. What amount of interest should be reported on the statement of comprehensive income? {15 marks]