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Moving to another question will save this response. stion 4 Question 4 of E 4 points Save On January 1, 2020, ABC Company began construction of a new citrus processing plant. The automated plant was finished and ready for use on December 31 , 2020. Expenditures for the construction in 2020 were as follows: January 2, 2020 September 1, 2020 December 31, 2020 $ 690,000 ABC Company borrowed $1 , 795,000 on a construction loan at 12% interest on January 1, 2020. This loan was outstanding during the construction period. The company also had 513,800,000 in 9% bonds outstanding in 2020. The interest capitalized for 2020 was: o $165,600 $340,000 $160,000 $140,000 Moving to another question will save this response. lock Browser GuardTM app.honorlock.com is sharing your screen. Stop sharing < < < Question 40 Close Wim Hide
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