21) If a corporation purchases a lot and building and subsequently tears down the building and uses the property as a parking lot, the proper accounting treatment of the cost of the building would depend on 22) To be consistent with the historical cost principle, overhead costs incurred by an enterprise constructing its own building should be 23) When computing the amount of interest cost to be capitalized, the concept of " avoidable interest " refers to 24) The period of time during which interest must be capitalized ends when 25) Construction of a qualifying asset is started on April 1 and finished on December 1. The fraction used to multiply an expenditure made on April 1 to find weighted-average accumulated expenditures is 26) When funds are borrowed to pay for construction of assets that qualify for capitalization of interest, the excess funds NOT needed to pay for construction may be temporarily invested in interest-bearing securities. Interest earned on these temporary investments should be 27) When a plant asset is acquired by issuance of common stock, the cost of the plant asset is properly measured by the 28) If an industrial firm uses the units-of-production method for computing depreciation on its only plant asset, factory machinery, the credit to accumulated depreciation from period to period during the life of the firm will 29) The term " depreciable cost," or " depreciable base," as it is used in accounting, refers to 30) Which of the following most accurately reflects the concept of depreciation as used in accounting? 31) Prentice Company purchased a depreciable asset for $ 200,000. The estimated salvage value is $ 20,000, and the estimated useful life is 10 years. The straight-line method will be used for depreciation. What is the depreciation base of this asset? 32) Pine Company purchased a depreciable asset for $ 360,000. The estimated salvage value is $ 24,000, and the estimated useful life is 8 years. The double-declining balance method will be used for depreciation. What is the depreciation expense for the second year on this asset?