On March 1, 2025, Oriole Company purchased land for an office site by paying $2710000 cash. Oriole began construction on the office building on March 1. The following expenditures were incurred for construction: Date March 1, 2025 April 1, 2025 May 1, 2025 June 1, 2025 Expenditures $1770000 O $461550. O $430750. -O $516900. O $258450. 2560000 4570000 4830000 The office was completed and ready for occupancy on July 1. To help pay for construction, and purchase of land $3690000 was borrowed on March 1, 2025 on a 9%, 3-year note payable. Other than the construction note, the only debt outstanding during 2025 was a $1540000, 12%, 6-year note payable dated January 1, 2025. The actual interest cost incurred during 2025 was

On March 1,2025, Oriole Company purchased land for an office site by paying \\( \\$ 2710000 \\) cash Oriole began construction on the office building on March 1 . The following expenditures were incurred for construction: The offce was completed and ready for occupancy on July 1. fo help pay for construction, and purchase of land \\( 5369000 \\mathrm{was} \\) borrowed on March 1, 2025 on a 96,3 year note payable. Other than the construction note, the only debt outstanding during 2025 : was a \\( \\$ 1540000,12 \\%, 6 \\) year note payable dated lanuary 1, 2025. The actual interest cost incurred during 2025 was \\( \\$ 461550 \\). \\( \\$ 430750 \\). \\( \\$ 516900 \\). \\( 525 B 450 \\)