A firm which is self-constructing a new factory has correctly calculated Avoidable Interest for the year of $100,000. The entire amount of the Weighted Average Accumulated Expenditure was covered by a specific construction loan. The Accountant is about to capitalize the full $100,000 when new information emerges. The new information is that the firm received deposit interest of $15,000 from the funds raised from the specific construction loan. Therefore, the total amount of interest which the firm should capitalize (after any relevant adjusting entries) for the year is: Select one: O a. $0 O b. $115,000 O c. None of the these answers Od. $100,000 e. $85,000 The expenditures and receipts below are related to land, land improvements and buildings: (i) Payment of Insurance on Construction During Construction: $100 (ii) Payment of Insurance on Building After Construction complete: $200 (iii) Architect's fee for designing building:$300 (iv) Proceeds from salvage of old building which was on the site when we bought it: $60 (v) Payment of security guard's salary after construction is complete: $400 What amount should be capitalized for Buildings on the balance sheet based on this information: Select one: O a $440 b. $340 O c. None of these answers O d. $740 O e. $400 Clear my choice