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ry. (marks) 3- Almadinah Construction completed the building, ready for occupancy, on December 31, 2019. Salalah had the following debt outstanding at December 31, 2019.

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ry. (marks) 3- Almadinah Construction completed the building, ready for occupancy, on December 31, 2019. Salalah had the following debt outstanding at December 31, 2019. Specific Construction Debt 1. 15%, 3-year note to finance purchase of land and construction of the building, dated December 31, 2018, with interest payable annually on December 31 760,000 Other Debt 10%, 5-year note payable, dated December 31, 2015, with interest payable annually on December 31 560,000 3. 12%, 10-year bonds issued December 31, 2014, with interest payable annually on December 31 700,000 2. a. Compute weighted-average accumulated expenditures for 2019. (6 marks) b. Compute the avoidable interest. (4 marks) c. Compute the actual interest cost. (2.5 marks)

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