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please post all workings thank you QUESTION 1 On January 1, 2012, Harbor Side, Inc., borrowed $90,000 at 12% payable annually to finance the construction
please post all workings
QUESTION 1 On January 1, 2012, Harbor Side, Inc., borrowed $90,000 at 12% payable annually to finance the construction of a new building. The building was completed December 31, 2012. In 2012, the company made the following expenditures related to this building March 1, $360,000, Juno 1.$600,000; July 1, $1,600,000, December 1, $1,200,000. Additional information is provided as follows: 1. Other debt outstanding 10-year, 11% bond $4,000,000 6-year, 10% note. $1,600,000 2. The March 1, 2012 expenditure includes land costs of $150,000 3. Research and development expenses in 2012...$60,000 What is the total amount of the Weighted Average Accumulated Expenditures? Enter the Number do NOT use dollar sign DO USE commas incessary QUESTION 2 Using th same information On January 1, 2012, HarborSideInc, borrowed $90,000 at 12% payable annually to finance the construction of a new building. The building was completed on December 31, 2012. in 2012, the company made the following expenditures related to this building March 1, $360,000: June 1, $600,000; July 1, $1,500,000 December 1, $1,200,000. Additional information is provided as follows: 1. Other debt outstanding 10 year, 11% bond $4,000,000 6 year, 10 note $1,600,000 2 The March 1, 2012 expenditure includes land costs of $150,000 3. Research and development expenses in 2012...560,000 What is the total amount of the Weighted Average interest rate? Enter the percentage amount but do NOT . sign Use 2 decimal places. For example. If your answer is 13015. Then you would type 13.01. as the thank you
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