Part B 5 marks Bridgerock Ltd borrows $300.000 from the Southpac Bank. Instalments of $33,398 are made every six months to repay the loan over five years and interest calculated at 4% per annum compounded half-yearly. The repayment schedule for the loan is provided below. Bridgerock Ltd financial year ends on 30th June. Instalment Opening Loan Instalment Interest Principal Closing Loan Date Balance Paide Component Reduction Balance Se $e $e $e Se 28/2/X2e 300.000 33,3982 6,000 27,3982 272,6022 31/8/X2 272,6022 33,3982 5,452 27.946 244,656- 28/2/X32 244,656 33,398 4,893 28,505e 216,1512 31/8/X32 216,1512 33,398 4,3232 29,0752 187,076 28/2/X4 187,076 33,398 3,7422 29,656 157,4202 31/8/X44 157,420 33,398 3,148 30,250 127.1704 28/2/X5e 127.170 33,398 2,5432 30.8552 96,315e 31/8/X5e 96,315e 33,398 1,926 31,4722 64.8432 28/2/X6 64,843 33,398 1,2972 32,1012 32,742 31/8/X6 32,742 33,397*2 6552 32.742 02 last payment amount reflects prior roundings. = Required: Determine the amounts that would appear in the Balance Sheet of Bridgerock Ltd in respect of the loan as at the 30th June 20X4 and describe how they would be classified. Provide your answer in the text box below together with necessary calculations. 5 marks E