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12 During 2022, Gamora Hotels had $750.000 of weighted aver accumulated expenditures while constructing a building for its new hotel. Throughout the entire year, the
12 During 2022, Gamora Hotels had $750.000 of weighted aver accumulated expenditures while constructing a building for its new hotel. Throughout the entire year, the company had the following debt outstanding Construction Loan: $300,000 at 0% Note Payable: $1,500,000 at 12% Note Payable: $210,000 at 5% What is the amount of interest that should be capitalized in 2022? Round interest rate percent to two decimal points (0xxxx or xx.xx%) during calculations. 80,025 O 83,550 50,130 O 214,500 O 74,130 Proctorio is sharing your screen. Stop sharing Hide
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