ABC purchased a machine that has an estimated useful life of 5 years for $4880 The machine's salvage value is estimated to be $469 ABC uses the straight-line depreciation method The depreciation for the second year of the machine's life is: Answer: ABC began constructing a building for its own use at the beginning of the year. During the year ABC incurred interest of $51783 on specific construction debt, and $80687 on other borrowings. Interest computed on the weighted-average amount of accumulated expenditures for the building during the year was $39418 The amount of interest ABC should capitalize is