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Posted on Aug 17, 2024

On January 1 , 2 0 2 4 , the Mason Manufacturing Company began construction of a building to be used as its office headquarters.

On January

1, 2024,

the Mason Manufacturing Company began construction of a building to be used as its office headquarters. The building was completed on September

30, 2025 .

Expenditures on the project were as follows:

Please answer and explain all steps. Interest capitalized in

2024

was

399, 000

and interest expense in

2024

was

1, 449, 000

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