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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 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: Dreamworld had $5,900,000 in 12% bonds outstanding through both years. Dreamworld's capitalized interest in 2016 was

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