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4. Cougar Company built a new manufacturing facility last year. Construction began on February 1st and was completed on August 1. Three years ago,
4. Cougar Company built a new manufacturing facility last year. Construction began on February 1st and was completed on August 1. Three years ago, Cougar issued $1,000,000 of 10-year bonds with a stated interest rate of 5%. Two years ago, Cougar borrowed $1,000,000 from its bank. The loan carries a 10% interest rate and is due 3 years from now. Expenditures related to the construction of the manufacturing facility were made as follows: Feb. 1 $200,000 March. 31 300,000 April 30 200,000 August 1 400,000 What is the total capitalized cost of the manufacturing facility? [10 points] I Edling Voice Sensor
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