Recording Costs for Self-Constructed Asset Amethyst Company constructed a building and incurred the following costs directly associated with construction. The building is valued at $170,500 (fair value) upon completion. Materials Labor Incremental overhead $55,000 88,000 33,000 Interest on construction loan incurred before completion Interest on construction loan incurred after completion Total 5,500 2,200 $183,700 Required Prepare summary journal entries to record costs of (1) construction and (2) completion of the building. Assume that all qualifying interest during the current year is capitalized to the building. Note: Record debit accounts in alphabetical order using the first letter of the account name. 1. Account Name Dr. Cr. 0 0 0 0 Account Name Dr. Cr. 2. 0 0 0 0 0 0