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Sativas Capital Expenditures for 2020 Date Amount Jan. 1, 2020 $900,000 Mar. 1, 2020 300,000 June 30, 2020 500,000 Dec. 31, 2020 500,000 Outstanding
Sativas Capital Expenditures for 2020 Date Amount Jan. 1, 2020 $900,000 Mar. 1, 2020 300,000 June 30, 2020 500,000 Dec. 31, 2020 500,000 Outstanding Debt in 2020 Debt Construction loan Note payable Bond payable Issuance Date Debt Amount Interest Rate 1-Jan-201 $800,000 12% 1-Mar-19 600,000 12% 1-Jan-15 150,000 8% Assume that Rodgers Inc. applies the specific interest method to capitalize interest. Required: 1. The weighted average accumulated expenditures (AAE) for 2020 is $ Round to the nearest dollar. 2. The amount of interest that actually incurred in 2020 is $ Round to the nearest dollar. 3. The amount of interest to be capitalized in 2020 is $ Round to the nearest dollar. 4. The amount of interest to be expensed in 2020 is $ Round to the nearest dollar.
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