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On January 1, 2021, Montana Corp. began construction of a new warehouse. The building was finished and ready for use on September 30, 2022. Expenditures
On January 1, 2021, Montana Corp. 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: Selected Amounts January 1, 2021 $ 300,000 September 1, 2021 $525,000 December 31, 2021 $525,000 March 31, 2022 $ 525,000 September 30, 2022 $ 350,000 Montana had $7,700,000 in 12% bonds outstanding through both years. Montana's average accumulated expenditures for 2021 was: $1,350,000 $475,000 $525,000 O $825,000
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