uesti . During 2020, Bass Corporation constructed assets costing $2,000,000. The weighted-average accumulated expenditures on these assets during 2020 was $600,000. To help pay for construction, $880,000 was borrowed at 10% on January 1, 2020, and funds not needed for construction were temporarily invested in short-term securities, yielding $18,000 in interest revenue. Other than the construction funds borrowed, the only other debt outstanding during the year was a $1,000,000, 10-year, 9% note payable dated January 1, 2014. What is the amount of interest that should be capitalized by Bass during 2020? $120,000 $60,000 $116,800 $188,800 . Accounting recognition should be given to some or all of the gain realized on a nonmonetary exchange of plant assets except when the exchange has no commercial substance and additional cash is paid. no commercial substance and additional cash is received. commercial substance and additional cash is paid. commercial substance and additional cash is received