Quul 16 10 points Save The accountant for the Stevens Co. needs to make a journal entry to capitalize interest costs during construction of an expensive piece of equipment. Avoidable interest costs were calculated as $60,000 and actual interest costs were calculated as $180,000. Which of the following journal entries is correct: Interest expense 180,000 Cash or interest payable . 180,000 60,000 Interest expense Cash or interest payable 60,000 Interest expense 120,000 Equipment 60,000 Cash or interest payable 180,000 60,000 Interest expense Equipment 120,000 OD. Cash or interest payable 180,000