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Question 22 2.8169 points Save Answer Moore Company decided to construct its own building for corporate use. To finance the construction, the company borrowed $1,000,000

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Question 22 2.8169 points Save Answer Moore Company decided to construct its own building for corporate use. To finance the construction, the company borrowed $1,000,000 on March 1 on a 10-year 12% mortgage note. The expenditures during the year were as follows: March 1 $1,800,000. June 1. $1,200,000; and $3,000,000 on December 31 In addition, Moore company had the following debt outstanding all year. 1. 10%, 10-year $2,000,000 note payable 2. 11%, 5-year $3,500,000 note payable. How much was the weighted-average accumulated expenditures? How much interest was capitalized in 2020? Do not include $ sign or commas in your answers

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