Rapid began construction of a qualifying asset (Asset X) on 1 February 2013 and immediately withdrew $12 million on that date to fund construction. On 1 October 2013, an additional $ 3 was taken out to the same asset.The 7% loan was granted to Rapid for construction of another qualifying asset( Asset Z). This loan cannot be used for any other assets constructed by the company. Calculate the borrowing costs which can be capitalised into Asset X for