Question 1 Hackleman Company is constructing a building. Construction began in 2018 and the building was completed 12/31/18. Hackleman made payments to the construction company of $2,400,000 on 6/1, $3,600,000 on 8/1, and $3,000,000 on 12/31. The weighted average accumulated expenditures were: Not yet answered Points out of 3.00 Select one: a. $2,900,000 Flag question b. $3,000,000 c. $3,100,000 d. $6,000,000 e. $9,000,000 Question 2 Not yet answered Harbor Co. began constructing a building for its own use in January of the current year. During the current year, Harbor incurred interest of $40,000 on specific construction debt, and $20,000 on other borrowings. Interest computed on the weighted average amount of accumulated expenditures for the building during the current year was $80,000. What amount of interest cost should Harbor capitalize? Points out of 3.00 Flag Select one: a. $20,000 question b. $40,000 c. $60,000 d. $80,000 O e. $140,000