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Hello, I need some help figuring out the correct avoidable interest value for this accounting problem. I have tried it many times but the result

Hello, I need some help figuring out the correct avoidable interest value for this accounting problem. I have tried it many times but the result I get is always incorrect. Thank you!

image text in transcribed Skysong Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $1,860,000 on March 1,$1,260,000 on June 1 , and $3,055,000 on December 31 . Skysong Company borrowed $1,128,000 on March 1 on a 5-year, 12% note to help finance construction of the building. In addition, the company had outstanding all year a 10\%, 5-year, $2,077,000 note payable and an 11\%, 4-year, $3,337,000 note payable. Compute avoidable interest for Skysong Company. Use the weighted-average interest rate for interest capitalization purposes. (Round weighted-average interest rate to 4 decimal places, e.g. 0.2152 and final answer to 0 decimal places, e.g. 5,275.) Avoidable interest $

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