On January 1, 2024, a company began construction of a new warehouse. The building was finished and ready for use on September 30, 2025. Expenditures on the project were as follows: $ 341,000 January 1, 2024 September 1, 2024 $ 507,000 $ 507,000 December 31, 2024 March 31, 2025 September 30, 2025 $ 507,000 $ 341,000 The company had $6,900,000 in 12% bonds outstanding through both years. What was the final cost of the warehouse? Multiple Choice $1,416,200 O $2,422,078 $2,434,144 O $2,203,000

On January 1,2024, a company began construction of a new warehouse. The building was finished and ready for use on September 30, 2025. Expenditures on the project were as follows: The company had $6,900,000 in 12% bonds outstanding through both years. What was the final cost of the warehouse? Multiple Choice $1,416,200 $2,422,078 $2,434,144 $2,203,000