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On March 1, Bramble Corp. began construction of a small building. Payments of $801600 were made monthly for three months beginning March 1. The building
On March 1, Bramble Corp. began construction of a small building. Payments of $801600 were made monthly for three months beginning March 1. The building was completed and ready for occupancy on June 1. In determining the amount of interest cost to be capitalized, the weighted-average accumulated expenditures are
$1603200.
$3486960.
$801600.
$400800.
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