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 $330,000 $495.000 $495.000 $495.000 $330.000 Dreamworld had $6.500,000 in 12% bonds outstanding through both years. Dreamworld's capitalized interest in 2016 was Multiple Choice $39.600 o o of $79.200 $69,300