On June 1, 2020, the Crocus Company began construction of a new manufacturing plant. The plant was completed on October 31, 2025 Expenditures on the project were as follows (in millions): July 1, 2020 October 1, 2020 22 February 1, 2021 pril 1.2021 September 1, 2021 October 1, 2021 On July 1, 2020, Crocus obtained a $70 million construction loan with a 6% interest rate. The loan was outstanding through the end of October, 2021. The company's only other interest-bearing debt was a long term note for $100 million with an interest rate of 8%. This note was outstanding during all of 2020 and 2021. The company's fiscal year-end is December 31. in computing the capitalized interest for 2021. Crocus' average accumulated expenditures are: O $46.30 million $103.54 million $122.30 million $124.25 million QUESTION 9 On June 1.2020. the Crocus Company began construction of a new manufacturing plant. The plant was completed on October 31, 2021: Expenditures on the project were as follows (sin millions): July 1, 2020 October 1, 2020 22 February 1, 2021 30 April 1, 2021 21 September 1, 2021 October 1.2021 On July 1, 2020, Crocus obtained a $70 million construction loan with a 6% interest rate. The loan was outstanding through the end of October, 2021. The company's only other interest bearing debt was a long-term not for $100 million with an interest rate of 8%. This note was outstanding during all of 2020 and 2021. The company's fiscal year-end is December 31, In computing the capitalized interest for 2021, Crocus' average accumulated expenditures are: 546.30 million $103.54 million