Hello! please answer all parts to the question clearly please its sometimes hard to understand the experts please thank you!

provide the answer TO EACH QUESTION CLEARLY please!!!

PLEASE CLEARLY LABLE THE ANSWER

question 1

question 2

25 On June 30, 2021, Kimberly Farms purchased custom-made harvesting equipment from a local producer. In payment, Kimberly signed a noninterest-bearing note requiring the payment of $93,000 in two years. The fair value of the equipment is not known, but an 10% interest rate properly reflects the time value of money for this type of loan agreement. (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) At what amount will Kimberly initially value the equipment? How much interest expense will Kimberly recognize in its income statement for this note for the year ended December 31, 2021? (Round your answers to the nearest dollar value.) Table or calculator function: Future Value: Present Value: Interest expense n= PV of $1 $ 93,000 2 10 % A company constructs a building for its own use. Construction began on January 1 and ended on December 30. The expenditures for construction were as follows: January 1, $540,000; March 31, $640,000; June 30, $440,000; October 30, $720,000. The company arranged a 7% loan on January 1 for $780,000. Assume the $780,000 loan is not specifically tied to the construction of the building. The company's other borrowings, outstanding for the whole year, consisted of a $5 million loan and a $7 million note with interest rates of 9% and 6%, respectively. Assuming the company uses the weighted-average method, calculate the amount of interest capitalized for the year. (Do not round intermediate calculations. Round your percentage answer to 2 decimal places (i.e. 0.1234 should be entered as 12.34%).) Date January 1, 2021 March 31, 2021 June 30, 2021 October 30, 2021. Accumulated expenditures Average accumulated expenditures Expenditure $ $ Amount 0 0 X X x Weight Interest Rate de Le % 11 = 11 = 11 11 11 = % = Capitalized Interest $ Average S 0 0 0