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During 2019, Z Co. incurred average accumulated expenditures of 400,000 during construction of assets that qualified for capitalization of interest The only debt outstanding during

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During 2019, Z Co. incurred average accumulated expenditures of 400,000 during construction of assets that qualified for capitalization of interest The only debt outstanding during 2019 was a 500,000, 11%, 5-year note payable dated January 1, 2017. What is the amount of interest that should be ?capitalized by Z during 2019

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