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3. Early in 2025, Dobbs Corporation engaged Kiner, Inc. to design and construct a complete modernization of Dobbs's manufacturing facility. Construction began on June 1,2025

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3. Early in 2025, Dobbs Corporation engaged Kiner, Inc. to design and construct a complete modernization of Dobbs's manufacturing facility. Construction began on June 1,2025 and was completed on December 31,2025 . Dobbs made the following payments to Kiner, Inc. during To help finance the construction, Dobbs issued the following during 2025: 1. $1,700,000 of 10 -year, 9% bonds payable, issued at par on May 31,2025 , with interest payable annually on May 31 . 2. 300,000 shares of no-par common stock, issued at $10 per share on October 1,2025. In addition to the 9% bonds payable, the only debt outstanding during 2025 was a $425,000,12% note payable dated January 1, 2024 and due January 1,2025 , with interest payable annually on Januan 1. Instructions Compute the amounts of each of the following (show computations): 1. Weighted-average accumulated expenditures qualifying for capitalization of interest cost. 2. Avoidable interest incurred during 2025. 3. Total amount of interest cost to be capitalized during 2025

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