In a nonmonetary asset exchange, Baylor traded a machine that cost $99,000 and has accumulated depreciation of $45,000 in exchanged for equipment with a fair value of $75,000. Baylor also paid $12,000 cash in the transaction. What is the fair value of the machine (.e., PPE given up) on the day of exchange? $63,000 $87,000 $66,000 $42,000 A firm self-constructed a building. Assume that the amount of interest to capitalize was $40,000. Which of the following should be included in the journal entry to record the capitalization of interest? a credit to "interest revenue" by $40,000. O a debit to "interest payable" by $40,000. O a credit to "interest expense" by $40,000. a credit to "building" by $40,000. In a nonmonetary asset exchange, Baylor traded a machine that cost $99,000 and has accumulated depreciation of $45,000 in exchanged for equipment with a fair value of $75,000. Baylor also paid $12,000 cash in the transaction. What is the fair value of the machine (.e., PPE given up) on the day of exchange? $63,000 $87,000 $66,000 $42,000 A firm self-constructed a building. Assume that the amount of interest to capitalize was $40,000. Which of the following should be included in the journal entry to record the capitalization of interest? a credit to "interest revenue" by $40,000. O a debit to "interest payable" by $40,000. O a credit to "interest expense" by $40,000. a credit to "building" by $40,000