Foxcoon is a technological solution provider business with a year-end 31" March 2021.You have recently been appointed as a financial accountant, and the following issues are outstanding in the financial statements. i) Foxcoon issued a convertible loan on 1 April 2020 at its par value of 500,000. The loan has a nominal interest rate of 6%, and can be converted in four years' time into five shares for every 200 nominal held. A similar bond without conversion rights would carry an interest rate of 9%. The full value of 500,000 was credited to liabilities on 1 April 2020, and the annual interest has been paid and recorded within finance costs. No other entries have been made in relation to this. ii) Foxcoon purchased a new fleet of vehicies for its supply chain on 1 April 2020. The fleet cost 150,000 in total, and the vehicles have a useful life of five years, with no residual value. The vehicles are entitled to first year capital allowances of 50%. Foxcoon have not recorded any deferred tax in relation to these vehicles, and do not have any other taxable differences. The corporation tax rate for Foxcoon is 20%. ii) In order to finance this acquisition, Foxcoon took out a loan from an overseas bank on 1 Otober 2020. The loan value was B$10 million, and interest is payable annually of 5%. Exchange rates are as follows: 1 October 2020 B$1.5:1. 31 March 2021 B1.6:1. Average rate for year ended 31 March 2021 B$1.55:1 iv) Foxcoon has been in need of additional finance in the current year, and decided to factor some trade receivables. Trade receivables of 1 million were factored on 31 March 2021 for 800,000. The trade receivables balance of 1 million has been de-recognised, and the difference between this and the proceeds of 800,000 received from the factor has been debited to operating expenses. Foxcoon has to refund any sums relating to trade receivables that are uncollected by the factor after a period of six months. Requirement: Explain the required IFRS/IAS accounting treatment of the above issues.