N Ireland Corporation obtained a $64,000 note receivable from a customer on June 30, 2016. The note, along with interest at 5%, is due on June 30, 2017 On September 30, 2016, Ireland discounted the note at Cloverdale bank. The bank's discount rate is 9% What amount of cash did Ireland receive from Cloverdale Bank? 00:18:55 Skipped Multiple Choice $62,664 558,240 S59,464 O $64,800 14 On January 1, 2016, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2017. Expenditures on the project were as follows: 00.17:50 January 1, 2016 September 1, 2016 December 31, 2016 March 31, 2017 September 30, 2017 $327,000 $489,000 $489,000 $489,000 $327,000 Skipped Dreamworld had $6,300,000 in 10% bonds outstanding through both years Dreamworld's average accumulated expenditures for 2016 was: Multiple Choice $654,000 $327000 5571,750 $490,000