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Matrix Inc, borrowed $1,000,000 at 8% to finance the construction of a new building for its own use. Construction began on January 1, 2019, and

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Matrix Inc, borrowed $1,000,000 at 8% to finance the construction of a new building for its own use. Construction began on January 1, 2019, and was completed on October 31,2019 , Expenditures related to this builiding were: includes cost of purchasing land of $150,000) In addition, Matrix had additional debt (unrelated to the construction) of 5500,000 at'956 and 5000,000 at 10 hili. All debt was outetanding for the entire year. Required: 1. Combute the amount of interest capitalized related to the construction of the buiding. x 2. If the expenditures are assumed to have been incurred evenly throughout the year: Camnute weinhted average accumulated expenditures. x Comnute the amount of interest copitalized on the building x

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