An entity purchased new machinery from a supplier before the entitys year end. The entity paid freight charges for the purchased machinery. The entity took out a loan from a bank to finance the purchase. What is the proper accounting treatment for the freight and interest costs related to the machinery purchase?
A.	The interest cost should be capitalized as part of property, plant, and equipment, and the freight cost should be immediately expensed.
B.	The freight and interest costs should be immediately expensed.
C.	The freight and interest costs should be capitalized as part of property, plant, and equipment.
D.	The freight cost should be capitalized as part of property, plant, and equipment, and the interest cost should be immediately expensed.