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PinaFurniture Company started construction of a combination office and warehouse building for its own use at an estimated cost of $13,000,000 on January 1,2020. Pina

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PinaFurniture Company started construction of a combination office and warehouse building for its own use at an estimated cost of $13,000,000 on January 1,2020. Pina expected to complete the building by December 31, 2020. Pina has the following debt obligations outstanding during the construction period. (a) Assume that Pina completed the office and warehouse building on December 31, 2020, as planned at a total cost of $13,520,000. and the weighted-average amount of accumulated expenditures was $9,360,000. Compute the avoidable interest on this project. (Use interest rotes rounded to 2 decimal ploces, eg. 7.58\% for camputational purposes and round final answers to 0 decimal places, 53 . 5,275) Avoidableinterest 5 eTextbook and Media Attempts: 0 of 3 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above

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