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19 On March 1, Imhoff Co. began construction of a small building. Payments of $180,000 were made monthly for four months beginning March 1. The
19 On March 1, Imhoff Co. began construction of a small building. Payments of $180,000 were made monthly for four months beginning March 1. The building was completed and ready for occupancy on June 1. In determining the amount of interest cost to be capitalized, the weighted average accumulated expenditures are out of Question Select one: a. 360,000 b. 90,000 c. 720,000 d. 180,000 20 Williamson Corporation purchased a depreciable asset for $300,000 on January 1, 2012. The estimated residual value is $30,000, and the estimated useful life is 9 years. The straight-line method is used for depreciation. In 2015, Williamson changed its estimates to a total useful life of 5 years with a salvage value of $50,000. What is 2015 depreciation expense? d out of og question Select one: a. $80,000 b. $90,000 c. $50,000 d. $30,000
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