Business, 20.08.2020 22:01 AaronEarlMerringer
On January 1, 2016, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2017. Expenditures on the project were as follows: January 1, 2016 $319,000 September 1, 2016 $468,000 December 31, 2016 $468,000 March 31, 2017 $468,000 September 30, 2017 $319,000 Dreamworld had $5,600,000 in 12% bonds outstanding through both years. Dreamworld's capitalized interest in 2016 was:
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