dane During 2019, Kolos Cement Ltd decided to construct a showroom for the promotion and marketing of the company's products. The following costs were incurred: pic and associate marle al DE $ 000's Purchase of materials (before deducting trade discount of 5%) 30,000 Labour costs 25,000 Correction of design error 2,000 F Marketing costs associated with promotion of products: 20 Incurred during construction 1,200 Incurred after completion of construction (155) 1,500 Safety checks 1,300 Interest costs incurred during construction 3.000 Present value cost at 31 December 2019 of dismantling showroom 1,000 65,000 Total comprehensive income REQUIRED States anges to the western 2019 SOCOS000 (a) Outline how the above costs should be accounted for in the financial statements of Kolos Cement Ltd. Show your calculations and provide any explanation to justify your answer. [6 Marks] SON SO (b) Show the journal entries that would be required to record the transactions. [5 Marks]