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Question 15 of 40 < > View Policies -/2.5 E E Current Attempt in Progress During 2025, Lisa Building Company constructed various assets at
Question 15 of 40 < > View Policies -/2.5 E E Current Attempt in Progress During 2025, Lisa Building Company constructed various assets at a total cost of $12,600,000. The weighted average accumulated expenditures on assets qualifying for capitalization of interest during 2025 were $8,250,000. The company had the following debt outstanding at December 31, 2025: 1. 10%, 5-year note to finance construction of various assets, dated January 1, 2025, with interest payable annually on January 1 $5,275,000 2 12%, ten-year bonds issued at par on December 31, 2016, with interest payable annually on December 31 3. 9% 3-year note payable, dated January 1, 2025, with interest payable annually on January 1 6,040,000 3,020,000 Compute the amounts of each of the following 1 Avoidable interest 2. Total interest to be capitalized during 2025 S
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