in files (6,7), (9,11)
« Cc () httpsy/education.wiley.com/was/ui/v2/assessment-player/index htmi?launchld=cOe14bOe-a37a-4bc5-a2a3-1089e65fabBb... A Tg B GG G Question 2 of 6 <> On December 31,2019, Stellar Inc. borrowed $3,720,000 at 13% payable annually to finance the construction of anew building. In 2020, the company made the following expenditures related to this building: March 1, $446,400; June 1, $744,000; July 1, gr $1,860,000; December 1, $1,860,000. The building was completed in February 2021. Additional information is provided as follows. 1. Other debtoutstanding a 10-year, 14% bond, December 31,2013, interest payable annually $4,960,000 & 6-year, 11% note, dated December 31, 2017, interest payable annually $1,984,000 + 2. March 1,2020, expenditure included land costs of $186,000 3. Interest revenue earned in 2020 $60,760 @ 0 & Your answerisincorrect. & |e ri 23pm wo cer Bm DO WBEEEU EE ~esom ZNO Question 2 of 6 <> @ & Your answerisincorrect. Determine the amount of interest to be capitalized in 2020 in relation to the construction of the building. The amount of interest ~~ $ eTextbook and Media List of Accounts Assistance Used tems 203 used + Lastsaved 1 hour ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. BQ search co BeRY dE So P=) ®* PQ GO @ 23pm ° 1/25/2023< c="" (8="" httpsy/education.wiley.com/was/ui/v2/assessment-player/indexhtmi?launchid="cOe14b0e-a37a-4bcS-a2a3-1089e65fab8b." so="" 5="" a="" &="" question="" 6="" of="" 6="">< current="" attempt="" in="" progress="" ‘on="" december="" 31,="" 2020,="" pina="" inc.="" has="" a="" machine="" with="" a="" book="" value="" of="" $958,800.="" the="" original="" cost="" and="" related="" accumulated="" depreciation="" at="" this="" date="" are="" as="" follows.="" machine="" $1,326,000="" less:="" accumulated="" depreciation="" 367,200="" book="" value="" $958,800="" depreciation="" is="" computed="" at="" $61,200="" per="" year="" on="" a="" straight-line="" basis.="" presented="" below="" is="" a="" set="" of="" independent="" situations.="" for="" each="" independent="" situation,="" indicate="" the="" journal="" entry="" to="" be="" made="" to="" record="" the="" transaction.="" make="" sure="" that="" depreciation="" entries="" are="" made="" to="" update="" the="" book="" value="" of="" the="" machine="" prior="" tots="" disposal.="" (@)="" ae="" eb="" do="" wbeeoy="" eb="" re="" rom="" ®*="" 8b="" oq="" go="" @="" 190m="" vesyanes="" ©="" re]="" ©="" https;//education.wiley.com/was/ui/v2/assessment-player/index="" htmizlaunchld="cOe14b0e-a37a-4bc5-a2a3-1089e65fab8b..." b="" g="" a0="" re="" question="" 6="" of="" 6="">< -/10 afire completely destroys the machine on august 31, 2021. an insurance settlement of $438,600 was received for this casualty. assume the settlement was received immediately. (credit account titles are automatically indented when amount is entered. do not 2 indent manually. if no entry is required, select "no entry" for the account titles and enter o for the amounts.) 9 date account titles and explanation debit credit & august 31,2021 & + (to record current depreciation.) august 31,2021 &d g ® [tn racard ince nf tha machina \ er bo wbeeouer rere m bno s6°f ing now -/10="" afire="" completely="" destroys="" the="" machine="" on="" august="" 31,="" 2021.="" an="" insurance="" settlement="" of="" $438,600="" was="" received="" for="" this="" casualty.="" assume="" the="" settlement="" was="" received="" immediately.="" (credit="" account="" titles="" are="" automatically="" indented="" when="" amount="" is="" entered.="" do="" not="" 2="" indent="" manually.="" if="" no="" entry="" is="" required,="" select="" "no="" entry"="" for="" the="" account="" titles="" and="" enter="" o="" for="" the="" amounts.)="" 9="" date="" account="" titles="" and="" explanation="" debit="" credit="" &="" august="" 31,2021="" &="" +="" (to="" record="" current="" depreciation.)="" august="" 31,2021="" &d="" g="" ®="" [tn="" racard="" ince="" nf="" tha="" machina="" \="" er="" bo="" wbeeouer="" rere="" m="" bno="" s6°f="" ing="">