Question 2 A company which prepares financial statements to 30 June each year has the following general borrowings outstanding throughout the year to 30 June 2022: 7.5% Bank loan 800 9% Bank loan 500 8.5% Loan stock 1,200 RM '000 2,500 On 1 October 2021, the company began construction of a qualifying asset and incurred expenditure of RM300,000. A further RM240,000 was spent on 1 February 2022. Both of these amounts were financed out of general borrowings. Construction of the asset was still in progress at 30 June 2022. Calculate the amount of borrowing costs that should be capitalised as part of the cost of the qualifying asset during the year to 30 June 2022. (10 marks)