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Huffman Corporation constructed a building at a cost of 20,000,000. Average accumulated expenditures were 8,000,000, actual interest was 1,200,000, and avoidable interest was 600,000. If

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Huffman Corporation constructed a building at a cost of 20,000,000. Average accumulated expenditures were 8,000,000, actual interest was 1,200,000, and avoidable interest was 600,000. If the salvage value is 1,600,000, and the useful life is 40 years. 1- compute the interest to capitalize

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