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On January 1, 2021, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2022. Expenditures
On January 1, 2021, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2022. Expenditures on the project were as follows: January 1, 2021 September 1, 2021 December 31, 2021 March 31, 2022 September 30, 2022 Dreamworld had $5,000,000 in 12% bonds outstanding through both years. Dreamworld's capitalized interest in 2021 was: $ 300,000 $ 450,000 $ 450,000 $ 450,000 $ 300,000 $36,000. $54,000. $63,000. $72,000.
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