How much should be shown as capitalized interest on Culver's financial statements as April 30, 2021?

X Your answer is incorrect. Situation Ill Culver, Inc. has a fiscal year ending April 30. On May 1, 2020, Culver borrowed $9,898,000 at 11% to finance construction of its own building. Repayments of the loan are to commence the month following completion of the building. During the year ended April 30, 2021, weighted-average accumulated expenditures were $3,464,300. Interest earned on the unexpended portion of the loan amounted to $643,370 for the year. How much should be shown as capitalized interest on Culver's financial statements at April 30, 2021? Capitalized interest on Culver's financial statements $ 190536