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Arlington Company is constructing a building Construction began on January 1 and was completed on December 31. Expenditures were 62,400,000 on March 1, 1,980,000 on

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Arlington Company is constructing a building Construction began on January 1 and was completed on December 31. Expenditures were 62,400,000 on March 1, 1,980,000 on June 1, and 3,000,000 on December 31 Arlington Company borrowed 1.200,000 on January 1 on a year, 12 note to help 4,500,000 note payable. What is the avoidable Interest for Arlington Company? finance construction of the building In addition, the company had outstanding all year a 10%.3-year. 2.400.000 note payable and an 116. 4.year. a: 164,281 b.463,805 14,000 d. 352.208

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