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Capitalized Interest Single-year Computation The company had the following loans outstanding for the entire year: The company began the self-construction of a building on January

Capitalized Interest Single-year Computation
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The company had the following loans outstanding for the entire year: The company began the self-construction of a building on January 1. The following expenditures were made during the year: Construction was completed on December 31. Compute the amount of interest capitalized during the year. Compute the recorded cost of the building at the end of the year

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