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 $ 336,000

September 1, 2021 $ 504,000

December 31, 2021 $ 504,000

March 31, 2022 $ 504,000

September 30, 2022 $ 336,000

Dreamworld had $6,800,000 in 10% bonds outstanding through both years. What was the final cost of Dreamworld's warehouse?

Multiple Choice

$2,373,840.

$1,394,400.

$2,364,180.

$2,184,000.