ssue 1: Rodriquez plc commenced construction of a new warehouse on 1 January 2018 at a total cost of 2,500,000. In order to finance the cost of the construction, the company borrowed 2,500,000 on 1 January 2018 at an interest rate of 10% per annum. During the period 1 February 2018 to 31 March 2018, no construction took place due to bad weather and a strike by the workers. Construction recommenced on 1 April 2018 and was completed on 30 November 2018. The warehouse was available for use on 1 January 2019. All loan interest has been expensed to the statement of profit or loss and other comprehensive income as incurred. The company intends to repay the loan on 30