On January 1,2024, a company began construction of an automated cattie feeder system. The system was finished and ready for use on September 30.2025 . Expenditures on the project were as follows: The company boutowed $77,000 on a construction loan at 8% interest on January 1,2024 . This hoan was outstanding throughout the construction period. The company had $4,640,000 in 8% bonds paryable outstanding in 2024 and 2025 Whterest (using the specfic interest methoch captalared for 2024 was