A Moving to another question will save this response. Question 7 of 10 stion 7 2 points Save Ang Suppose Camp Ltd purchased a financial asset and it is classified as fair value through profit or loss. The total fair value of the financial asset on the date of purchase is R500 000. The initial transaction cost is R20 000. At what amount should the financial asset be recognised initially? Do not type "R" or spaces. Round your answer to two decimal places. Type your decimal by means of a comma e.g. 20500,90 ection 740