Road Builders Corp. is a publicly traded infrastructure and commercial real estate development company specializing in the construction and…

Road Builders Corp. is a publicly traded infrastructure and commercial real estate development company specializing in the construction and operation of major over bridges, integrated service complexes and large scale commercial properties including shopping malls. They follow financial year from 1st April to 31st March. On 1st April, 2025, Roadbuilders Corp. undertook the following major transactions: The company acquired 200 acres of land at a cost of 35,000 per acre to establish a new central equipment yard and fabrication facility.The company purchased a machinery costing 320 Lakhs for a construction project in backward area. The company immediately received a government grant of 80 Lakhs related to this purchase. The company's policy is to recognize the grant as a deduction from cost of the asset. The estimated useful life of the asset 10 years, with an estimated salvage value of 6 Lakhs. The company uses the straight line method for depreciation. Roadbuilders Corp. acquired equity stakes in GeoSurvey Limited, a specialized topographical surveying firm, on two dates: On 1st April, 2025: Acquired 10% stake for 40,00,000 1 st October, 2025: Acquired a further 15% stake for 58,00,000 reaching a total holding of 25% and gain significant influence. The net assets of GeoSurvey Ltd. (Book Value) were as follows: Date Net Assets ₹ On 1st April, 2025 3,40,00,000 1 st October, 2025 4,00,00,000 On 1st April, 2025 Roadbuilders Corp, undertook a contract to construct an underpass. The following details are available from the records kept for the year ended 31st March, 2026. ₹ Total Contract Price 1,02,00,000 Cost Incurred till 31st March, 2026 77,98,800 Prudent estimate of additional cost for completion 38,41,200 Roadbuilders Corp. is currently developing a huge shopping mall with all the amenities including multiplex theatre. The mall is expected to be completed by the end of March, 2026. The inauguration of the mall is planned on 1st April, 2026. However, the construction of Multiplex theatre within the mall complex was completed earlier, on 1st February, 2026. The company decided to have a 'soft' opening of the theatre to the public. During this soft opening: Tickets are sold at a discount of 50%.The theatre operates at 70% capacity.Management claims that the soft opening of the theatre is a trial run necessary to check the operational capability and system integration for the entire mall complex. Based on the information given in the above case scenario, answer the following questions from 1 to 4 as per relevant accounting standards: