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On January 1 , 2 0 2 5 , Bruen Company began construction of a state - of - the - art training facility. The
On January Bruen Company began construction of a stateoftheart training facility. The facility was finished and ready for use on November Expenditures on the project were as follows:January $August $December $May $November $On January Bruen borrowed $ on a construction loan specific to this project at interest. This loan was outstanding throughout the construction period.Bruen also had $ in bonds payable outstanding in and Calculate the following for both and using the specific interest method
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