On the 1st January 2018, Alpha Company sells a building to Omega Ltd for 1,000,000 cash. The carrying amount of the building prior to the sale was 750,000. Alpha arranges to lease the building back for 5 years at 150,000 per annum, payable in arrears. The remaining useful life of the building is 25 years. The transaction satisfies the performance obligations in IFRS 15, so will be accounted for as a sale and leaseback transaction. At the date of sale, the fair value of the building was 900,000, and the implied interest rate is 10%. In relation to Alpha Company:

(a) How much of the lease liability relates to the actual terms of the lease, and how much relates to additional financing received?

(b) What is the right-of-use value of the building?

(c) What is the value of the gain on the transfer of the rights transferred due to the selling price being higher than the fair value