b.calculate avoidable interest

avoidable interest

Current Attempt in Progress On March 1, Tamarisk Co. began construction of a small building. The following expenditures were incurred for construction: The building was completed and occupied on July 1. To help pay for construction $213.000 was borrowed on March 1 on a 12%, threevear note payable. The only other debt outstanding during the year was a $1,842,000,10% note issued two years ago. (a) Calculate the weighted-average accumulated expenditures