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Please refer to the picture attached: Answer the following: Interest expense for 2019 The cost of the new building on December 31, 2019 Moderna Inc.

Please refer to the picture attached:

Answer the following:

  1. Interest expense for 2019
  2. The cost of the new building on December 31, 2019

image text in transcribed
Moderna Inc. had the following outstanding loans during 2019 and 2020: Specific construction loan - 10% 3,000,000 General loan - 12% 25,000.000 The entity began the self-construction of a new building on January 1, 2019 and was completed on June 30, 2020. The following expenditures were made: January 1, 2019 4,000,000 April 1, 2019 5,000,000 December 1, 2019 3,000,000 March 1, 2020 6,000,000

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