Westmoreland Construction Limited is constructing a bridge for S4Omillion. The company acquired a BNS loan for $24million on 1 January 2017 soley to begin the construction of a bridge at an effective interest rate of 8%. The general pool of debt comprises of 6% CB Loan - $20,000,000 996 IADB Loan - $16,000,000 Construction began on January 1, 2017 On 1 April 2017. The company invested $12 m of the funds received from BNS over the period 1 January to 31 May 2017 at an interest rate of 10%. Calculate the borrowing which should be capitalized at December 31, 2017 10 marks B. A machine fair value is reported at $420,000 and its present value is $320,000. The cost of the machine is 5600,000 and its accumulated depreciation is $220,000. If the asset is disposed of the entity would incur repair expenses of $40,000 and advertisement expenses of $50,000. Calculate the asset impairment loss. 5 marks