Show description of items that make up the cost of warehouse as at 31 May 2020 with detail breakdown of each costs. You need to give explanation for item that cannot capitalize as part of the warehouse.

30 (2) On 1 December 2019, Zeta commenced the construction of a new warehouse facility on a piece of land it owns. Costs incurred were as follows: $'ooo Architect's fees 400 Construction materials 2,400 Salaries of internal staff involved in construction 360 Allocation of company overheads (head office costs) 44 Cost of opening the new warehouse The construction was completed on 31 May 2020 and the warehouse came into use the following day. The construction materials cost was incurred on 1 December 2019 and the construction activities began on the same date. Construction was partly financed by a new 2-year $2 million loan borrowed specifically from a local bank at an annual rate of 4%, issued on 1 December 2019. Interest is paid in arrears on 30 November with an effective interest rate of 6% per year. There is a legal requirement to dismantle warehouse in 50 years' time from 31 May 2020 and the expected cost of dismantling the warehouse is about $5 million on 31 May 2070. Zeta discounts dismantling costs at 5% per annum. The present value of $1 over 50 years at 5% is 0.0872. The director of Zeta is not certain how to measure the cost of the warehouse. Zeta Bio Tech Ltd (Zeta) is engaged in manufacturing of biotechnology products with the below non-current assets as at 30 November 2019: Land and buildings Plant and equipment $'ooo $'ooo Cost/revalued amount 36,000 14,000 Accumulated depreciation (550) (7,140) Carrying amount 35.450 6,860 Zeta's depreciation policy is 50 years straight-line with no residual value for building and warehouse and 30% reducing balance for plant and equipment. It adopts revaluation model for land and buildings and warehouse; and cost model for plant and equipment in accordance with HKAS 16 'Property, Plant and Equipment. Zeta opts for transfer from revaluation reserves to retained earnings only upon derecognition. It is also Zeta's policy to revalue the land and buildings on every two years' basis. The end of its reporting period is 30 November. During the year ended 30 November 2020, Zeta has the following movement on non- current assets