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Avaya Furniture Conany started construction of a combination once and warehouse building for its own use at an estimated cost of $15.000.000 on January 1,

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Avaya Furniture Conany started construction of a combination once and warehouse building for its own use at an estimated cost of $15.000.000 on January 1, 2020. Ayayal expected to comlete the buding by December 31, 2020. Ayaya has the following debt obligations outstanding during the construction period. $5.200.000 3.900.000 Construction loon-12% Interest, payable semiannually, issued December 31, 2019 Short-term loan-10% interest, payable monthly, and princioal payable at maturity on May 30, 2021 Long-term loan-11% interest payable on January 1 of each year, Principal payable on January 1, 2024 2.500.000 co Your wwertus been saved. Som score details after the due date Assume that Ayaya completed the otheand warehouse building on December 31, 2020, as planned at a total cost of $ 13,520,000, and the weighted average amount of accumulated expenditures wis $9,360,000. Compute the soldable interest on this project. (Use interest rates rounded to 2 decimal places 3,758x for computational purposes and round final answers to decimal 5275 Compute the depreciation expense for the year ended December 31, 2021. Ayayai elected to depreciate the building on a straight-line basis and determined that the asset has a useful sife of 30 years and a salvage value of $ 780,000. (Round answer too decimal places, 63 52753 Depreciation Experise $ Save for Later Attempts: 0 of 1 used Sub

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