On May 1, 2020, Ethiopia Ltd. began construction of a new building for its own use. Expenditures of $ 75,000 were incurred monthly for five months beginning on May 1. The building was completed and ready for occupancy on September 1, 2020. For the purpose of determining the amount of interest cost to be capitalized, the weighted average accumulated expenditures on the building during 2020 were A) $ 375,000. B) $ 62,500. C) $ 187,500. D) $ 75,000. Book Air On August 1, 2020, Chapelle Corp. purchases a new machine. The company makes a $ 7.200 cash down payment, and agrees to pay four monthly instalments of $ 10,800 each, starting September 1, 2020, signing a non-interest-bearing note to this effect. The cash equivalent price of the machine is $ 43,200. As well, Chapelle pays installation costs of $ 1,200. The recorded cost of the machine should be OA) $ 51,600. B) $ 50,400. OC) $ 8,400. OD) $ 44,400