Situation II: During 2020, Zagitova Corporation constructed and manufactured certain assets and incurred the following interest costs in connection with those activities.

Situation II: During 2020, Zagitova Corporation constructed and manufactured certain assets and incurred the following interest costs in connection with those activities. - Interest Costs Incurred Warehouse constructed for Zagitova's own use $30,000 Special-order machine for sale to unrelated customer, produced according to customer's specifications 9,000 Inventories routinely manufactured, produced on a repetitive basis 8,000 All of these assets required an extended period of time for completion. Instructions. T Assuming the effect of interest capitalization is material, what is the total amount of interest costs to be- capitalized? "