sneed corporation begin construction of a recording studio on January 1, 2022 and completed Siri go on October 31, 2023. sneed capitalized interest in 2022 was:

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Sneed Corporation began constuction of a recording studio on fanuary 1, 2022 and completed the fludio on October 31, 2023 . The detaits on the expenditures relating to the project were as follows: The company provided the following information on its varisus debts outstanding during the entire period of the constriction 12% ten-year note issued on December 31,2015 $1,000,000$2000000 Sneeds capitalized intetest in 2022 was: Multiple Chioice $300,000 5387500 $438,000