1. On April 1, an entity began construction of a small building. Payments of 120.000 were made monthly for three months beginning April 1. The building was completed and ready for occupancy on July 1. In determining the amount of interest cost to be capitalized. The weighted average accumulated expenditure are
2. An entity received an 1.200.000 subsidy from the government to purchase manufacturing equipment on january 2 2020. The equipment has a cost 2.400.000 a useful life a six years and no salvage value. The entity depreciates the equipment on a straight line basis. If the entity chooses to account for the grant as deferred revenue the amount of depreciation expense recorded in 2020 will be