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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 $340,00 September 1, 2021 $510,00 December 31, 2021 $510,00 March 31, 2022 $510,00 September 30, 2022 $340,00 Dreamworld had $7,000,000 in 14% bonds outstanding through both years. What was the final cost of Dreamworld's warehouse? Multiple Choice $2,481,796. $2,467,397. $2,210,000. $1,431,400
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