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Beth hires Howsen in 1/1/11 to construct a building. Payments to Howsen during 2011: DATE 1/1/11 9/1/11 AMOUNT $10,000 $4,000 The building is ready for
Beth hires Howsen in 1/1/11 to construct a building. Payments to Howsen during 2011: DATE 1/1/11 9/1/11 AMOUNT $10,000 $4,000 The building is ready for use on 12/31/11. Actual debt for Beth consists of: Bonds payable, 12%, $4,000, issued 1/1/11 to help finance building construction. Bonds payable, 10%, $12,000 issued 7/1/10 for general purposes. The capitalized interest will be: Select one: O a. $1,247 O b. $1,190 O c. $1,213 d. $1,365 e. $1,080
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