Problem 10-10 (Part Level Submission) During the current year, Sunland Construction trades an old crane that has a book value of $97,200 (original cost $151,200 less accumulated depreciation $54,000) for a new crane from Coronado Manufacturing Co. The new crane cost Coronado $178.200 to manufacture and is classified as inventory. The following information is also available Coronado Mfg.Co. Sunland Const. $88,560 $216,000 Fair value of old crane Fair value of new crane Cash paid Cash received 127,440 127,440 (a) (b) Assuming that this exchange lacks commercial substance for Sunland, prepare the journal entries on the books of (1) Sunland Construction and (2) Coronado Manufacturing (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "Ne Entry for the account titles and enter for the amounts) Debit Credit No. Account Tities and Explanation 1. Sunland Construction Manufacturing Your answer is correct. Compute the avoidable interest on Sage's new building. (Round Intermediate percentage calculation to 1 decimal place, e.g. 15.6% and final answer to o dech Avoidable Interest 179200 Click If you would like to Show Work for this questioni Open Show Work LINK TO TEXT Attempts: 4 of 10 used Your answer is partially correct. Try again. Some interest cost of Sage Inc. is capitalized for the year ended May 31, 2021. Compute the amount of each items that must be disclosed in Sage's financial statements Total actual interest Total interest capitalized 179200 Total interest expensed Click if you would like to show Work for this questions Open Show Work