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5. Evaluating each adjustment: a. Based on the accounting standards, can Frosty Co. capitalize the interest on the construction project? If so, how much can

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5. Evaluating each adjustment: a. Based on the accounting standards, can Frosty Co. capitalize the interest on the construction project? If so, how much can Ftosty Co. capitalize? Explain. b. Based on the accounting standards. does Frosty Co. need to recognize the ARC) in these nancial statements? Explain

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