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: January 1, 2016 September 1, 2016 December 31, 2016 March 31, 2017 September 30, 2017 $311,000 $453,000 $453,000 $453,000 $311,000 Dreamworld had $5,100,000 in 10% bonds outstanding through both years. Dreamworld's capitalized interest in 2016 was: Multiple Choice $31,100. $53,975 Prey 1 of 36 Next > MacBook Pro so CHO 600 FO $ % 2 3 4 5 & 7 6 8 W E R T Y C C S D F. G H