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Mendenhall Corporation constructed a building at a cost of $14,000,000. Weighted average accumulated expenditures were $5.600.000. actual interest was $560,000, and avoidable interest was $280,000.

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Mendenhall Corporation constructed a building at a cost of $14,000,000. Weighted average accumulated expenditures were $5.600.000. actual interest was $560,000, and avoidable interest was $280,000. If the salvage value is $1,120.000, and the useful life is 40 years, depreciation expense for the first full year using the straight line method is $329,000. O $357,000. 5469,000 $336,000

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