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Please I want the solution in detail Fourth Assignment: During 2010, Barden Building Company constructed various assets at a total cost of $2,200,000. The weighted

Please I want the solution in detail

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Fourth Assignment: During 2010, Barden Building Company constructed various assets at a total cost of $2,200,000. The weighted average accumulated expenditures on assets qualifying for capitalization of interest during 2010 were $6,600,000. The company had the following debt outstanding at December 31, 2010: 1. 11%, 5-year note to finance construction of various assets, dated January 1, 2010, with interest payable annually on January 1 $2,400,000 2. 14%, ten-year bonds issued at par on December 31, 2004, with interest payable annually on December 31 3,000,000 3. 8%, 3-year note payable, dated January 1, 2009, with interest payable annually on January 1 1,000,000 Instructions Compute the amounts of each of the following (show computations). 1. Actual interest. 2. Avoidable interest. 3. Total interest to be capitalized during 2010

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