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1) on january 1,2021 dreamworld co .began construction of a new warehouse .the building was finished and readyfor use on september 30,2022.Expenditures on the project
1) on january 1,2021 dreamworld co .began construction of a new warehouse .the building was finished and readyfor use on september 30,2022.Expenditures on the project were as follows :
January1,2021 $320,000
September1,2021 $ 480,000
December321,2021 480,000
March31,2022 $480,000
September30,2021 $320,000
Dreamworld had $6000,000 in 14% bonds outstanding through both years.
What was the finals cost of Dreamworld's Warehouse?
Multiple Choice:
(1).$ 2335,808 ( 2).$2322,256 (3). $1347200 (4).$2080,000.
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