On January 2016, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2017. Expenditures on the project were as follows: (8 0227:07 January 1, 2016 September 1, 2016 December 31, 2016 March 31, 2017 September 30, 2017 $308,000 $456,000 $456,000 $456,000 $308,000 Dreamworld had $5.200,000 in 12% bonds outstanding through both years Dreamworld's capitalized interest in 2016 was Multiple Choice