You want to start a construction project. Consider the following information regarding this project. Total cost of this project is $2,000,000. You want to fund this project with $500,000 of your money and $1,000,000 from the bank with an annual interest rate of %5. After reviewing the feasibility study, one of your friends agreed to pay the remaining amount of $500,000. You have 2 options give him an annual interest rate of %8 or form a partnership. Determine the amount of Asset, Liability. Equity, Profit and/or Loss for each of the parties in all following situations. A) Borrow the money with an interest rate of %8, and you can sell the project for $3,000,000 after 1 year of the construction period. B) Forming a partnership, and you can sell the project for $3,000,000 after 1 year of the construction period. C) Borrow the money with an interest rate of %8, and you can sell the project for $1,500,000 after 1 year of the construction period. D) Forming a partnership, and you can sell the project for $1,500,000 after 1 year of the construction period