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Not yet werd Question 10 Points out of 2.50 Pestion Melbourne Company began construction of a distribution center for its own use on January 1

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Not yet werd Question 10 Points out of 2.50 Pestion Melbourne Company began construction of a distribution center for its own use on January 1 and completed the construction on December 31, fiscal year-end. During the year, weight- average accumulated expenditure amounted to $825,000. On January 1, Melbourne issued a 5-year note of $1,100,000 par value with 9% interest at par for this construction. Melbourne had another outstanding bond with $1,000,000 par value and 10% interest issued in a prior year. How much interest should Melbourne capitalize? Select one: a. $99,000 b. $82,500 c. $78,375 d. $74,250

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