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Current Attempt in Progress Skysong Compary is constructing a bulline. Construction began on February i and was complefed on December 31. Expenditures were 51,860,000 on

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Current Attempt in Progress Skysong Compary is constructing a bulline. Construction began on February i and was complefed on December 31. Expenditures were 51,860,000 on March 1, $1.260,000 on June 1, and 5,3,055,000 on December 31 Shysong Company borrowed $1,128,000 on March 1 on a 5 -year, 1295 note to help finance construction of the beildine In addition. the compary had outstandine all year a 10%, 5 year, $2,077,000 note poyable and an 118,4y+9,53,337,000 note pryable. Compute swoidable interest for Siysory Company. Use the weighted- werage interestrate for interest captalization purposes ghound accithtest. everape interent rote to 4 decimal places, es 0.2152 and final aniser to 0 decimal places, e3.5.275) Avoidable interest $ Actempts o of 1 used Current Attempt in Progress Siysong Compary is constructing a building Construction bezan on February 1 and was completed on December a1. Experditures were 51,860,000 on March 1,51,260,000 on June 1, and 53,055,000 on December 31. 5 Sysone Company borrowed $1,128,000 on March 1 on a 5 year, 12% note to help finance construction of the bulldine, in addition. the company had outstanding all vear a 100,5 -year, $2,077,000 note payable and an 118,4 year, $3,397,000 note payable Compute avoifable interest for Shysong Company, Use the weighted average intereat rate for interet capitalization purposes (Raund weightad: everuge interet rute to 4 decinal ploces, es 0.2152 and final answer to 0 dacimal places, es 5.275. Avoidable interest

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