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On January 2016, Curkey Copy Bd had managed to accumulate finances amoranting to RM200 million to finance their plant in Senawang, and in general administrative

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On January 2016, Curkey Copy Bd had managed to accumulate finances amoranting to RM200 million to finance their plant in Senawang, and in general administrative operation The following are the details on the outstanding borrowing and their corresponding costs for the yewended 31 December 2016 Amount borrowed of interes Interest RM'000 50.000 Term loan Lean stock Redeemable preference shares Total RM200 5.000 13.00 2400 10 12 6 110,000 40000 200.000 During 2016, the company had w RMS million of the borrowed funds to develop the plant. The construction of the plant commenced on January 2016, and completed on 30 June 2017. In line with MPRS 123 Borrowing coll borrowing costs on qualifying and we to be capitalised Required Cal Deline qualifying assets in accordance with MFRS 125 Barrow Cost AND whether the manufacturing plant of Curkey Bhd qualifying asset. (b) Compute the capitalisationale AND the wount of borrowing costs that quality for the capitalisation for the financial year 2016 and 2017 Advise the management of Curkey don how to record the borowing costs antiated with the construction of the company's manufacturing plant, in accordance with MERS 123 Burning Cart (0) d) Show the amount of borowing costs that would be charged w'expement company's Matement of comprehensive income for the year ended 31 December 2016 te) Cakeyhd had invested any surplus from the town funds that were yet to be wild in other vestments. The income earned from the temporary investments of the erm loan funds were as follow ! Investment and Ime income RM 200 000 1 October 2015 December 2015 1 may 2016 to 11 December 2016 Try 2017 June 2017 10.100 Tiking into count the servei dem letal met of both She wrote Low&b Comprennencomenda Financial and we hope the above the year 2016 2017

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