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answering specifically with a visible chart will be appreciated. and you will get hundreds likes since this questions are being used by a well known

answering specifically with a visible chart will be appreciated. and you will get hundreds "likes" since this questions are being used by a well known college accounting homework!

imagine that you wants to construct a small building to store your materials begun on April 1, 2020 and was completed on December 31, 2020. The following expenditures were incurred for construction.

April 1

$ 15,000

May 1

$ 8,000

May 31

$ 5,000

July 1

$ 20,000

August 31

$ 10,000

December 31

$20,000

In order to help finance the construction, the company issued the following during 2020.

1. $20,000, of 10-year, 9% bonds payable, issued at par on March 31, 2020, with interest payable annually on March 31.

2. 1,000,000 shares of no-par ordinary shares, issued at $10 per share on October 1, 2020.

In addition to the 9% bonds payable, the only debt outstanding during 2020 was a $750,000, 12% note payable dated January 1, 2011 and due January 1, 2025, with interest payable annually on January 1.

Compute the amounts of each of the following (show computations):

1. Weighted-average accumulated expenditures qualifying for capitalization of interest cost.

2. Avoidable interest incurred during 2020.

3. Total amount of interest cost to be capitalized during 2020

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