Quester received a Bank loan for BWP 1.5million with 10% interest on 1 August 2020 to construct a new plant during the year. The plant construction commenced on 1 September 2020 and was completed on the 30th June 2021. The construction did not require all funds immediately, so the Directors invested BWP 0.5 million in 4.5% bonds from 1 August 2020 to 1 December 2020.

REQUIRED Calculate the total borrowing costs, that should be capitalized and also amount to be expensed in the income statement in respect to Quester's plant.