Capitalized interest The following series of questions relate to this data set. California industries, Inc, borrowed $200,000 at 12% interest on January 1,2020, for the construction of their new headquarters, Construction began on January 1,2020, and concluded on December 31,2020. The following expenditures and other general debt information is being provided to you: AVOIDABLEINTEREST WOULD BE CALCULATED AT: $30.000 $30,250 570000 $24,000