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help Tony Stark Innovations began construction of a new facility. Tony Stark took out a $1,500,000,10% construction loan on April 1, 2024. Stark innovations made
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Tony Stark Innovations began construction of a new facility. Tony Stark took out a $1,500,000,10% construction loan on April 1, 2024. Stark innovations made payments to the contractor of $346,000 on April 1, $846.000 on August.31, and $446,000 on December 31 . Required: What is the amount of interest that Stark Innovations would capitalize in 2024 ? Note: Do not round intermediate calculations Step by Step Solution
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