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Question 3 of 13 View Policies Current Attempt in Progress Pronghorn Company is constructing a building Construction began on February 1 and was completed on

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Question 3 of 13 View Policies Current Attempt in Progress Pronghorn Company is constructing a building Construction began on February 1 and was completed on December 31. Expenditures were $1,980,000 on March 1, 51,320,000 on June 1 and $3,300,000 on December 31. Pronghorn Company borrowed $1.100,000 on March 1 on a 5-year, 10% note to help finance construction of the building in addition, the company had outstanding all year a 12%.5year $2,200.000 note payable and an 11%, 4 year. $3,850,000 note payable. Compute avoidable interest for Pronghorn Company, Use the weighted average interest rate for interest capitalization purposes. (Round "Weighted average interest rate" to 4 decimal places, 4.3.0.2152 and final answer to decimal places, eg. 5,275) Avoldable interest $

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