A construction team is going to Guatemala to help a missionary build a church building. The construction team will be there for 24 days, which is 50% more days than they need to complete construction. How many days will they need to complete the church building? O 12 days O 16 days O 18 days O 14 days

A construction team is going to Guatemala to help a missionary build a church building. The construction team will be there for 24 days, which is 50% more days than they need to complete construction. How many days will they need to complete the church building? 12 days 16 days 18 days 14 days On January 1, 2024 , the company obtained a $3,300,000 construction loan with a 16% interest rate. The loan was outstanding all of 2024 and 2025 . The company's other interest-bearing debt included two long-term notes of $2000,000 and $8.000,000 with interest rates of 10% and 12%, respectively. Both notes were outstanding during all of 2024 and 2025 , Interest is paid annually on all debt. The company's fiscal year-end is December 31. Required: 1. Calculate the amount of interest that Mason should capitalize in 2024 and 2025 using the specific interest method. 2. What is the total cost of the building? 3. Calculate the amount of interest expense that will appear in the 2024 and 2025 income statements. Complete this question by entering your answers in the tabs below. 1. Caiculate the amount of interest that Mason should capitalize in 2024 and 2025 using the specific interest method. 3. Calculate the amount of interest expense that will appear in the 2024 and 2025 income statements. Note: Enter your answers in whole dollars and not in milions. Do not round intermediate calculations