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Company A had the following loans outstanding for the entire 2020. Specific construction loan 2,000,00010% General loan10,000,00012% The entity began the self-construction of a building
Company A had the following loans outstanding for the entire 2020.
Specific construction loan 2,000,00010%
General loan10,000,00012%
The entity began the self-construction of a building on January 1, 2020 and the building was completed on December 31, 2020.
The following expenditures were made during the current year:
January 11,000,000
July 14,000,000
November 13,000,000
Total8,000,000
What is the total cost of the building?
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