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58 Montgomery Industries spent $630,000 in 2020 on a construction project to build a library. Montgomery also capitalized $31,500 of interest on the project in

58 Montgomery Industries spent $630,000 in 2020 on a construction project to build a library. Montgomery also capitalized $31,500 of interest on the project in 2020. Montgomery financed 100% of the construction with a 10% construction loan. The project was completed on September 30, 2021. Additional expenditures in 2021 were as follows. Feb. 28 Apr. 30 Jul. 1 Sept. 30 $ 92,700 182,700 38,700 66.700 Required: Determine the completed cost of the library. (Do not round intermediate calculations.) Completed cost of the libraryimage text in transcribed

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