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Angeles 07.00) My 12.2002 PM U Sport 0/10 Question 2 Show Attempt History Current Attempt in Progress Your answer is incorrect. Pronghorn Company is constructing

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Angeles 07.00) My 12.2002 PM U Sport 0/10 Question 2 Show Attempt History Current Attempt in Progress Your answer is incorrect. Pronghorn Company is constructing a building Construction began on February 1 and was completed on December 31. Expenditures were $3,420,000 on March 1, $2.280,000 on June 1, and $5,700,000 on December 31. Pronghorn Company borrowed $1.900,000 on March 1 on a 5-year, 12% note to help finance construction of the building In addition, the company had outstanding all year a 10%, 5-year, $3.800.000 note payable and an 11%, 4-year. $6,650,000 note payable Compute avoidable interest for Pronghorn Company. Use the weighted average interest rate for interest capitalization purposes. Round Weighted average interest rate" to 4 decimal places, es 0.2152 and final answer to decimal places, s. 5,275) Avoidable interest $ 202364 Aesthes and Media Assistancelled bort so delete backspace num

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