1. ABC exchanged cash of $17 and a machine with a carrying value of $1897 and a fair value of $3739 for a machine. The exchange has commercial substance.

At what amount should ABC record the machine it received for? __________

2. ABC began constructing a building for its own use at the beginning of the year. During the year ABC incurred interest of $68182 on specific construction debt and $85776 on other borrowings. Interest computed on the weighted-average amount of accumulated expenditures for the building during the year was $20168.

The amount of interest ABC should capitalize is: ___________