On January 1, 2020, HBW Inc. began construction of a building for admin use. The building was finished and ready for use on September 30, 2021. Expenditure on the project were as follows: January 1, 2020 September 1, 2020 December 31, 2020 March 31, 2021 September 30, 2021 200,000 300,000 300,000 300,000 200,000 HBW borrowed 750,00 on a construction loan at 124 interest on January 1, 2020. This loan was outstanding in 2020 and 2021. During December 2021, the entity did not actually use the building for admin purposes as it is deemed to be impractical and opted to rent another office space for their admin personnel. Moreover, the entity decided to reclassify the building as investment property on December 1, 2021. on December 31, 2021, the actual fair value of the building is 2,000,000. A. How much is the initial amount of investment property to be recorded in the entity's book on December 31, 2021? 4 points Your answer B. How much is to be recorded in the profit or loss for the year 2021? A points Your answer C. How much is the carrying amount of Investment property on December 31, 2021? Your answer 2 points