$20,560 0 $21,160 I I $22.534 QUESTION 13 Which of the following statements regarding the capitalization of interest in the acquisition cost of assets during construction are true? 0 Reduces otherwise reportable interest expense (10) Results in lower depreciation charges, increasing net income for the post-construction periods (1) Delays expense recognition to the times of using the asset (iv) Reduces net income during periods of construction () and (11) 00) and (1) (i) and (iv) (i) and (iv) QUESTION 14 Pjanic Company suffers a loss to its building in a fire and spends $240.000 on repairs and improvements. It judges that $160.000 of the exper Click Save and Submit to save and submit. Click Save All Answers to save all answers